Short Interest in BlackRock Enhanced International Dividend Trust (NYSE:BGY) Rises By 913.7%

BlackRock Enhanced International Dividend Trust (NYSE:BGY) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 229,100 shares, a growth of 913.7% from the February 13th total of 22,600 shares. Based on an average daily trading volume, of 286,700 shares, the short-interest ratio is presently 0.8 days.

BlackRock Enhanced International Dividend Trust Trading Up 0.3 %

Shares of NYSE:BGY traded up $0.02 during trading on Wednesday, hitting $5.65. 103,149 shares of the company were exchanged, compared to its average volume of 224,055. BlackRock Enhanced International Dividend Trust has a 52-week low of $5.13 and a 52-week high of $5.83. The stock has a 50 day moving average of $5.50 and a 200 day moving average of $5.57.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.0426 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.51 dividend on an annualized basis and a yield of 9.06%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BGY. Elequin Capital LP bought a new stake in BlackRock Enhanced International Dividend Trust during the 4th quarter worth approximately $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 purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the fourth quarter worth $68,000. Walleye Capital LLC bought a new stake in BlackRock Enhanced International Dividend Trust during the third quarter valued at $107,000. Finally, World Investment Advisors LLC purchased a new position in BlackRock Enhanced International Dividend Trust during the third quarter worth about $197,000.

BlackRock Enhanced International Dividend Trust Company Profile

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.