Short Interest in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Declines By 86.7%
shares, a drop of 45.8% from the April 30th total of 15,700 shares. Based on an average daily trading volume, of 41,200 shares, the short-interest ratio is presently 0.2 days. The number of shares shorted in BlackRock Enhanced Global Dividend Trust dropped significantly in May.
( ) has seen a dramatic drop in short interest during the month of may. On May 15th there were 8,500 shorted shares. This is a significant drop from April 30th's total of 63700 shares. The short-interest rate is 0.1 days based on an average daily volume of 123100 shares.
Inflows of Institutional Capital and Outflows
Recent changes in institutional investor's holdings have been made. Ameriprise Financial Inc. increased its holdings of BlackRock Enhanced Global Dividend Trust in the first quarter by 3.4%. Ameriprise Financial Inc. owns 219 899 shares of BlackRock Enhanced Global Dividend Trust, valued at $2 184,000, after adding 7,131 more shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings of BlackRock Enhanced Global Dividend Trust in the first quarter by 6.0%. B. Riley Wealth Advisors Inc. owns 43 756 shares of BlackRock Enhanced Global Dividend Trust, valued at $434,000. This is after adding 2,476 more shares in the last quarter. Thrivent Financial for Lutherans increased its holdings of BlackRock Enhanced Global Dividend Trust in the first quarter by 3.5%. Thrivent Financial for Lutherans owns 238.573 shares in the financial services provider valued at $2.369,000, after acquiring 8,000 additional shares during the previous quarter. Hollencrest Capital Management increased its holdings of BlackRock Enhanced Global Dividend Trust in the first quarter by 374.4 percent. Hollencrest Capital Management owns 19,156 of the financial services providers stock, valued at $190,000. This is after purchasing an additional 15,117 share during the previous quarter. Trading at midday on Thursday saw a $0.01 decline, bringing the price to $9.76. Stock of the company traded 118,283 compared to 158,657 shares on average. BlackRock Enhanced Global Dividend Trust's 52-week low is $8.52, and its 52-week high is $10.75. The 50-day moving average is $9.98, and the 200-day moving average is $9.93.
BlackRock Enhanced global Dividend Trust Dividend announcement
Recently, the company declared a dividend that will be paid out on May 31st. Dividends will be paid to shareholders who were in the record books on Monday, 15th May. This is a dividend of $0.76 per share, and represents an annualized dividend of $0.76. The dividend yield is 7.75%. This dividend will be ex-dividend on Friday, May 12.
BlackRock Enhanced Global Dividend Trust Company profile
Get Rating
)
BlackRock Enhanced Global Dividend Trust is a closed-end fund. The company aims to provide both current income and gains, as well as long-term capital appreciation. The firm invests in equity issues from companies in various countries and uses an option writing strategy in order to maximize current gains.
MarketBeat.com offers a FREE daily email newsletter
.