John Hancock Hedged Equity & Income Fund (NYSE:HEQ) Short Interest Update

John Hancock Hedged Equity & Income Fund (NYSE:HEQGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 9,800 shares, a growth of 28.9% from the April 15th total of 7,600 shares. Based on an average daily volume of 46,500 shares, the short-interest ratio is currently 0.2 days.

John Hancock Hedged Equity & Income Fund Stock Performance

Shares of NYSE HEQ traded up $0.04 during midday trading on Wednesday, hitting $10.49. 31,701 shares of the company’s stock were exchanged, compared to its average volume of 43,320. John Hancock Hedged Equity & Income Fund has a 12 month low of $9.08 and a 12 month high of $11.08. The company’s 50 day moving average price is $10.15 and its 200 day moving average price is $10.04.

John Hancock Hedged Equity & Income Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Monday, March 11th were given a dividend of $0.25 per share. The ex-dividend date was Friday, March 8th. This represents a $1.00 dividend on an annualized basis and a yield of 9.53%.

Hedge Funds Weigh In On John Hancock Hedged Equity & Income Fund

Several large investors have recently modified their holdings of HEQ. Blue Bell Private Wealth Management LLC bought a new position in John Hancock Hedged Equity & Income Fund in the 4th quarter valued at about $41,000. Quantedge Capital Pte Ltd bought a new stake in John Hancock Hedged Equity & Income Fund during the fourth quarter worth $133,000. Advisor Partners II LLC acquired a new stake in shares of John Hancock Hedged Equity & Income Fund in the 3rd quarter valued at $150,000. Raymond James & Associates increased its stake in shares of John Hancock Hedged Equity & Income Fund by 10.3% in the 4th quarter. Raymond James & Associates now owns 16,999 shares of the investment management company’s stock valued at $171,000 after purchasing an additional 1,594 shares during the last quarter. Finally, AQR Arbitrage LLC acquired a new position in shares of John Hancock Hedged Equity & Income Fund during the 3rd quarter worth $301,000.

John Hancock Hedged Equity & Income Fund Company Profile

(Get Free Report)

John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.

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