BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Down 58.6% in March

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 34,900 shares, a decline of 58.6% from the February 28th total of 84,400 shares. Based on an average daily volume of 115,000 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On BlackRock Enhanced Capital and Income Fund

Several institutional investors have recently added to or reduced their stakes in CII. Vermillion & White Wealth Management Group LLC bought a new stake in shares of BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at approximately $29,000. Captrust Financial Advisors purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund in the 4th quarter valued at about $201,000. Oppenheimer & Co. Inc. purchased a new stake in BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at approximately $215,000. AGP Franklin LLC purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at $235,000. Finally, HighTower Advisors LLC bought a new stake in shares of BlackRock Enhanced Capital and Income Fund during the 4th quarter worth $236,000.

BlackRock Enhanced Capital and Income Fund Stock Down 2.0 %

CII traded down $0.39 during midday trading on Friday, reaching $18.49. The company had a trading volume of 178,569 shares, compared to its average volume of 103,966. The business has a 50-day moving average price of $20.04 and a two-hundred day moving average price of $19.93. BlackRock Enhanced Capital and Income Fund has a 12-month low of $17.57 and a 12-month high of $21.14.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The company 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 $0.141 dividend. This represents a $1.69 annualized dividend and a yield of 9.15%. The ex-dividend date of this dividend is Friday, March 14th.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.