BlackRock Enhanced International Dividend Trust (NYSE:BGY) Sees Significant Growth in Short Interest

BlackRock Enhanced International Dividend Trust (NYSE:BGYGet Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 62,500 shares, a growth of 136.7% from the April 30th total of 26,400 shares. Based on an average trading volume of 201,500 shares, the short-interest ratio is presently 0.3 days.

BlackRock Enhanced International Dividend Trust Stock Up 0.3 %

Shares of BlackRock Enhanced International Dividend Trust stock opened at $5.44 on Friday. The company has a fifty day moving average price of $5.38 and a 200 day moving average price of $5.31. BlackRock Enhanced International Dividend Trust has a twelve month low of $4.68 and a twelve month high of $5.57.

BlackRock Enhanced International Dividend Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a $0.034 dividend. This represents a $0.41 annualized dividend and a dividend yield of 7.51%. The ex-dividend date of this dividend is Tuesday, May 14th.

Institutional Investors Weigh In On BlackRock Enhanced International Dividend Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. Shaker Financial Services LLC boosted its position in shares of BlackRock Enhanced International Dividend Trust by 70.1% in the fourth quarter. Shaker Financial Services LLC now owns 197,370 shares of the investment management company’s stock worth $1,040,000 after buying an additional 81,315 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of BlackRock Enhanced International Dividend Trust by 2.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,231,563 shares of the investment management company’s stock worth $53,920,000 after purchasing an additional 202,688 shares during the period. Janney Montgomery Scott LLC raised its position in shares of BlackRock Enhanced International Dividend Trust by 4.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 61,582 shares of the investment management company’s stock worth $307,000 after purchasing an additional 2,600 shares during the period. Cornerstone Advisors LLC raised its position in shares of BlackRock Enhanced International Dividend Trust by 222.9% during the 4th quarter. Cornerstone Advisors LLC now owns 272,523 shares of the investment management company’s stock worth $1,436,000 after purchasing an additional 188,115 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of BlackRock Enhanced International Dividend Trust by 3.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 161,358 shares of the investment management company’s stock worth $850,000 after purchasing an additional 5,434 shares during the period.

BlackRock Enhanced International Dividend Trust Company Profile

(Get Free Report)

BlackRock Enhanced International Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.

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