Short interest in John Hancock Preferred Income Fund III (NYSE:HPS) decreased during the last reporting period, falling from 18.12K to 8.69K. This put -% of the company's publicly available shares short.

Short interest for John Hancock Preferred gives investors a sense of the degree to which investors are betting on the decline of John Hancock Preferred's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 65.59K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.