BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Sees Significant Growth in Short Interest

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 24,200 shares, a growth of 214.3% from the October 31st total of 7,700 shares. Based on an average daily volume of 113,200 shares, the short-interest ratio is currently 0.2 days.

BlackRock Enhanced Capital and Income Fund Stock Up 0.1 %

NYSE:CII traded up $0.01 on Wednesday, reaching $19.99. The company’s stock had a trading volume of 73,989 shares, compared to its average volume of 93,288. BlackRock Enhanced Capital and Income Fund has a 1-year low of $17.57 and a 1-year high of $20.40. The business’s 50-day moving average price is $19.67 and its two-hundred day moving average price is $19.52.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be issued a dividend of $0.141 per share. This represents a $1.69 dividend on an annualized basis and a yield of 8.46%. The ex-dividend date is Monday, December 16th.

Institutional Trading of BlackRock Enhanced Capital and Income Fund

Institutional investors have recently modified their holdings of the company. Cornerstone Advisors LLC grew its position in BlackRock Enhanced Capital and Income Fund by 120.3% in the third quarter. Cornerstone Advisors LLC now owns 450,700 shares of the real estate investment trust’s stock valued at $8,874,000 after purchasing an additional 246,093 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund in the 3rd quarter valued at about $22,420,000. Shaker Financial Services LLC increased its position in shares of BlackRock Enhanced Capital and Income Fund by 49.2% in the third quarter. Shaker Financial Services LLC now owns 339,551 shares of the real estate investment trust’s stock valued at $6,686,000 after acquiring an additional 111,924 shares during the last quarter. Wolverine Asset Management LLC raised its holdings in BlackRock Enhanced Capital and Income Fund by 82.4% during the third quarter. Wolverine Asset Management LLC now owns 230,165 shares of the real estate investment trust’s stock worth $4,532,000 after acquiring an additional 103,972 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in BlackRock Enhanced Capital and Income Fund by 15.1% during the second quarter. Envestnet Asset Management Inc. now owns 270,393 shares of the real estate investment trust’s stock valued at $5,405,000 after purchasing an additional 35,449 shares during the last quarter.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.