BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 90,000 shares, a decrease of 21.3% from the February 13th total of 114,400 shares. Based on an average trading volume of 185,000 shares, the short-interest ratio is currently 0.5 days.
BlackRock Multi-Sector Income Trust Trading Down 0.0 %
NYSE:BIT traded down $0.01 during trading hours on Wednesday, reaching $14.43. The company had a trading volume of 143,678 shares, compared to its average volume of 140,047. BlackRock Multi-Sector Income Trust has a 1-year low of $14.22 and a 1-year high of $15.98. The business’s 50 day moving average price is $14.68 and its 200-day moving average price is $14.76.
BlackRock Multi-Sector Income Trust Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.1237 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 10.29%. The ex-dividend date is Friday, March 14th.
Institutional Trading of BlackRock Multi-Sector Income Trust
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.
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