John Hancock Preferred Income Fund (NYSE:HPI – Get Free Report) was the target of a significant drop in short interest in January. Institutional Trading of John Hancock Preferred Income FundLarge investors have recently added to or reduced their stakes in the business. Get John Hancock Preferred Income Fund alerts:John Hancock Preferred Income Fund Stock PerformanceNYSE HPI traded down $0.03 on Wednesday, reaching $16.23. John Hancock Preferred Income Fund Announces DividendAbout John Hancock Preferred Income FundThe firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Featured ArticlesReceive News & Ratings for John Hancock Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Preferred Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.