BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Update

BlackRock Limited Duration Income Trust (NYSE:BLW) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 337,400 shares, a growth of 20.5% from the December 15th total of 280,000 shares. Based on an average daily trading volume, of 90,200 shares, the short-interest ratio is presently 3.7 days.

BlackRock Limited Duration Income Trust Stock Up 0.7 %

BLW traded up $0.10 during trading on Friday, reaching $14.25. The stock had a trading volume of 78,208 shares, compared to its average volume of 78,683. The business has a 50-day moving average of $14.22 and a 200-day moving average of $14.26. BlackRock Limited Duration Income Trust has a one year low of $13.24 and a one year high of $14.63.

BlackRock Limited Duration Income Trust Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.1132 per share. The ex-dividend date is Wednesday, January 15th. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. This represents a $1.36 annualized dividend and a dividend yield of 9.53%.

Institutional Trading of BlackRock Limited Duration Income Trust

A number of hedge funds have recently bought and sold shares of the company. Prospera Financial Services Inc grew its position in BlackRock Limited Duration Income Trust by 18.7% during the third quarter. Prospera Financial Services Inc now owns 12,298 shares of the investment management company’s stock valued at $178,000 after acquiring an additional 1,939 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of BlackRock Limited Duration Income Trust by 14.2% in the 3rd quarter. MML Investors Services LLC now owns 15,012 shares of the investment management company’s stock valued at $217,000 after purchasing an additional 1,864 shares in the last quarter. Annex Advisory Services LLC bought a new position in shares of BlackRock Limited Duration Income Trust during the 3rd quarter valued at $223,000. Consolidated Portfolio Review Corp raised its position in BlackRock Limited Duration Income Trust by 3.3% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 27,435 shares of the investment management company’s stock worth $397,000 after purchasing an additional 876 shares during the period. Finally, Principal Securities Inc. raised its position in BlackRock Limited Duration Income Trust by 95.3% in the 3rd quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock worth $3,097,000 after purchasing an additional 104,388 shares during the period.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.