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

BlackRock Enhanced International Dividend Trust (NYSE:BGY) saw a significant 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 daily volume of 319,200 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of BlackRock Enhanced International Dividend Trust

Institutional investors have recently made changes to their positions in the company. Elequin Capital LP bought a new stake in shares of BlackRock Enhanced International Dividend Trust during the 4th quarter worth $53,000. Soltis Investment Advisors LLC bought a new position in shares of BlackRock Enhanced International Dividend Trust in the fourth quarter worth $67,000. Jane Street Group LLC bought a new stake in shares of BlackRock Enhanced International Dividend Trust during the fourth quarter valued at about $68,000. Walleye Capital LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the third quarter worth $107,000. Finally, World Investment Advisors LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the 3rd quarter valued at about $197,000.

BlackRock Enhanced International Dividend Trust Stock Performance

BGY stock traded up $0.03 during trading on Tuesday, hitting $5.64. The company had a trading volume of 181,772 shares, compared to its average volume of 238,460. BlackRock Enhanced International Dividend Trust has a one year low of $5.13 and a one year high of $5.90. The business has a 50-day moving average of $5.60 and a 200-day moving average of $5.56.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.0426 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 9.07%.

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.