BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Sees Large Growth in Short Interest

BlackRock Enhanced Global Dividend Trust (NYSE:BOEGet Free Report) was the recipient of a large growth in short interest in the month of February. As of February 29th, there was short interest totalling 13,900 shares, a growth of 25.2% from the February 14th total of 11,100 shares. Based on an average daily volume of 173,900 shares, the short-interest ratio is currently 0.1 days.

BlackRock Enhanced Global Dividend Trust Trading Down 0.3 %

Shares of NYSE:BOE traded down $0.03 during trading on Friday, reaching $10.25. The company had a trading volume of 182,143 shares, compared to its average volume of 163,124. The firm’s fifty day moving average is $10.12 and its 200 day moving average is $9.82. BlackRock Enhanced Global Dividend Trust has a twelve month low of $8.80 and a twelve month high of $10.47.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 15th will be paid a $0.063 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.38%. The ex-dividend date is Thursday, March 14th.

Institutional Trading of BlackRock Enhanced Global Dividend Trust

Institutional investors have recently made changes to their positions in the stock. Blue Bell Private Wealth Management LLC raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 125.0% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 4,500 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 2,500 shares in the last quarter. Money Concepts Capital Corp purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 4th quarter valued at approximately $44,000. Citadel Advisors LLC purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 4th quarter valued at approximately $112,000. Advisor Resource Council purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 4th quarter valued at approximately $116,000. Finally, Jane Street Group LLC purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 2nd quarter valued at approximately $120,000.

About BlackRock Enhanced Global Dividend Trust

(Get Free Report)

BlackRock Enhanced Global 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. The fund seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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