BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Update

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 32,500 shares, a growth of 34.3% from the November 15th total of 24,200 shares. Based on an average daily volume of 115,400 shares, the short-interest ratio is currently 0.3 days.

BlackRock Enhanced Capital and Income Fund Price Performance

NYSE CII traded up $0.04 during trading on Friday, reaching $20.24. 102,193 shares of the company’s stock were exchanged, compared to its average volume of 94,110. The business has a 50 day moving average price of $19.85 and a 200-day moving average price of $19.60. BlackRock Enhanced Capital and Income Fund has a fifty-two week low of $17.57 and a fifty-two week high of $20.46.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 8.36%. The ex-dividend date of this dividend is Monday, December 16th.

Hedge Funds Weigh In On BlackRock Enhanced Capital and Income Fund

Large investors have recently modified their holdings of the stock. TPG Advisors LLC bought a new stake in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth about $211,000. Calamos Advisors LLC bought a new stake in BlackRock Enhanced Capital and Income Fund in the 2nd quarter valued at $237,000. Sanctuary Advisors LLC acquired a new position in BlackRock Enhanced Capital and Income Fund in the 2nd quarter valued at $222,000. Atomi Financial Group Inc. increased its position in BlackRock Enhanced Capital and Income Fund by 5.6% during the 3rd quarter. Atomi Financial Group Inc. now owns 13,523 shares of the real estate investment trust’s stock worth $266,000 after buying an additional 719 shares during the period. Finally, Great Valley Advisor Group Inc. increased its position in BlackRock Enhanced Capital and Income Fund by 15.6% during the second quarter. Great Valley Advisor Group Inc. now owns 18,485 shares of the real estate investment trust’s stock worth $370,000 after acquiring an additional 2,500 shares during the period.

BlackRock Enhanced Capital and Income Fund Company Profile

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.