BlackRock Enhanced International Dividend Trust (NYSE:BGY) Short Interest Up 29.7% in March

BlackRock Enhanced International Dividend Trust (NYSE:BGY) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 297,200 shares, an increase of 29.7% from the February 28th total of 229,100 shares. Based on an average trading volume of 319,200 shares, the short-interest ratio is currently 0.9 days.

BlackRock Enhanced International Dividend Trust Trading Down 1.2 %

BlackRock Enhanced International Dividend Trust stock traded down $0.07 during mid-day trading on Wednesday, hitting $5.59. 236,411 shares of the company’s stock traded hands, compared to its average volume of 238,451. The firm has a 50 day simple moving average of $5.60 and a two-hundred day simple moving average of $5.56. BlackRock Enhanced International Dividend Trust has a fifty-two week low of $5.13 and a fifty-two week high of $5.90.

BlackRock Enhanced International Dividend Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a dividend of $0.0426 per share. This represents a $0.51 dividend on an annualized basis and a dividend yield of 9.14%. The ex-dividend date of this dividend was Friday, March 14th.

Institutional Trading of BlackRock Enhanced International Dividend Trust

Several hedge funds and other institutional investors have recently modified their holdings of BGY. Commonwealth Equity Services LLC lifted its position in BlackRock Enhanced International Dividend Trust by 2.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 111,376 shares of the investment management company’s stock worth $591,000 after acquiring an additional 2,157 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in BlackRock Enhanced International Dividend Trust by 1.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 212,009 shares of the investment management company’s stock worth $1,126,000 after purchasing an additional 3,181 shares during the last quarter. Park Avenue Securities LLC boosted its stake in BlackRock Enhanced International Dividend Trust by 4.6% in the 4th quarter. Park Avenue Securities LLC now owns 197,771 shares of the investment management company’s stock valued at $1,050,000 after purchasing an additional 8,652 shares during the period. Elequin Capital LP acquired a new position in BlackRock Enhanced International Dividend Trust in the 4th quarter valued at $53,000. Finally, Thrivent Financial for Lutherans increased its position in BlackRock Enhanced International Dividend Trust by 10.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 132,088 shares of the investment management company’s stock worth $766,000 after buying an additional 12,088 shares during the period.

BlackRock Enhanced International Dividend Trust Company Profile

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.