BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Update

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 148,900 shares, a growth of 128.4% from the September 30th total of 65,200 shares. Based on an average daily volume of 250,400 shares, the days-to-cover ratio is currently 0.6 days.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.6 %

Shares of ECAT opened at $17.14 on Monday. BlackRock ESG Capital Allocation Term Trust has a 52-week low of $14.02 and a 52-week high of $18.14. The firm’s fifty day moving average is $17.52 and its two-hundred day moving average is $17.27.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a dividend of $0.3016 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $3.62 dividend on an annualized basis and a yield of 21.11%.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

A number of hedge funds have recently bought and sold shares of the business. Almitas Capital LLC lifted its position in BlackRock ESG Capital Allocation Term Trust by 84.5% during the second quarter. Almitas Capital LLC now owns 839,103 shares of the company’s stock worth $14,718,000 after buying an additional 384,277 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 0.7% during the 1st quarter. Advisors Asset Management Inc. now owns 515,785 shares of the company’s stock worth $8,954,000 after buying an additional 3,374 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 2nd quarter valued at approximately $5,867,000. Oppenheimer & Co. Inc. lifted its holdings in BlackRock ESG Capital Allocation Term Trust by 209.4% in the second quarter. Oppenheimer & Co. Inc. now owns 271,720 shares of the company’s stock valued at $4,766,000 after acquiring an additional 183,911 shares during the last quarter. Finally, Dakota Wealth Management increased its stake in BlackRock ESG Capital Allocation Term Trust by 4.2% during the second quarter. Dakota Wealth Management now owns 42,863 shares of the company’s stock worth $752,000 after acquiring an additional 1,735 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.