BlackRock Enhanced International Dividend Trust (NYSE:BGY – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 100,600 shares, an increase of 172.6% from the July 15th total of 36,900 shares. Based on an average trading volume of 179,400 shares, the days-to-cover ratio is presently 0.6 days.
BlackRock Enhanced International Dividend Trust Price Performance
Shares of BGY traded up $0.04 during mid-day trading on Thursday, hitting $5.63. The company’s stock had a trading volume of 67,909 shares, compared to its average volume of 190,357. The company’s 50-day moving average is $5.54 and its 200-day moving average is $5.44. BlackRock Enhanced International Dividend Trust has a 52-week low of $4.68 and a 52-week high of $5.70.
BlackRock Enhanced International Dividend Trust Increases Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.034 per share. The ex-dividend date is Thursday, August 15th. This represents a $0.41 dividend on an annualized basis and a yield of 7.25%. This is a positive change from BlackRock Enhanced International Dividend Trust’s previous monthly dividend of $0.03.
Institutional Trading of BlackRock Enhanced International Dividend Trust
About BlackRock Enhanced International Dividend Trust
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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