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flag Short interest in John Hancock Preferred Income Fund dropped 20.5% in March, with shares starting at $16.61 on March 31st.

flag John Hancock Preferred Income Fund (HPI) saw short interest fall by 20.5% in March, with the days-to-cover ratio at 0.9 days. flag The fund's shares opened at $16.61 on March 31st, with a dividend yield of 8.92% and a scheduled dividend payment of $0.1235 per share. flag HPI is a closed-end fund focusing on U.S. equity and fixed-income markets.

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