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

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 84,400 shares, an increase of 134.4% from the February 13th total of 36,000 shares. Based on an average trading volume of 116,300 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On BlackRock Enhanced Capital and Income Fund

Institutional investors have recently made changes to their positions in the company. Sanctuary Advisors LLC lifted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 28.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,314 shares of the real estate investment trust’s stock valued at $302,000 after buying an additional 3,397 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 4.0% during the 3rd quarter. Stifel Financial Corp now owns 43,171 shares of the real estate investment trust’s stock valued at $850,000 after buying an additional 1,677 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 89.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 46,342 shares of the real estate investment trust’s stock valued at $912,000 after buying an additional 21,861 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at about $215,000. Finally, Truist Financial Corp lifted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 2.2% during the 4th quarter. Truist Financial Corp now owns 75,524 shares of the real estate investment trust’s stock valued at $1,518,000 after buying an additional 1,643 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Trading Up 0.7 %

NYSE:CII traded up $0.14 on Friday, hitting $18.64. 106,569 shares of the company’s stock traded hands, compared to its average volume of 112,389. BlackRock Enhanced Capital and Income Fund has a 1 year low of $17.57 and a 1 year high of $21.14. The firm has a 50-day moving average price of $20.33 and a 200-day moving average price of $19.96.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.141 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.69 annualized dividend and a dividend yield of 9.08%.

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.