Short interest in John Hancock Preferred Income Fund III (NYSE:HPS) increased during the last reporting period, rising from 23.34K to 29.43K. 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 75.05K 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.