BlackRock Core Bond Trust (NYSE:BHK) Short Interest Update

BlackRock Core Bond Trust (NYSE:BHK) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 728,000 shares, a drop of 7.0% from the October 15th total of 782,900 shares. Based on an average trading volume of 139,000 shares, the days-to-cover ratio is currently 5.2 days.

BlackRock Core Bond Trust Price Performance

BlackRock Core Bond Trust stock traded up $0.06 on Tuesday, reaching $11.12. The company’s stock had a trading volume of 4,769 shares, compared to its average volume of 154,126. The business’s fifty day moving average price is $11.67 and its 200 day moving average price is $11.18. BlackRock Core Bond Trust has a twelve month low of $10.10 and a twelve month high of $12.10.

BlackRock Core Bond Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.0746 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.90 annualized dividend and a dividend yield of 8.05%.

Hedge Funds Weigh In On BlackRock Core Bond Trust

Several institutional investors and hedge funds have recently made changes to their positions in BHK. CreativeOne Wealth LLC lifted its stake in BlackRock Core Bond Trust by 6.2% in the first quarter. CreativeOne Wealth LLC now owns 17,324 shares of the investment management company’s stock valued at $187,000 after buying an additional 1,015 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its stake in shares of BlackRock Core Bond Trust by 77.8% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 136,470 shares of the investment management company’s stock valued at $1,357,000 after purchasing an additional 59,706 shares during the period. Clean Yield Group bought a new stake in shares of BlackRock Core Bond Trust in the first quarter valued at about $27,000. Dynamic Advisor Solutions LLC boosted its position in shares of BlackRock Core Bond Trust by 4.7% during the second quarter. Dynamic Advisor Solutions LLC now owns 271,288 shares of the investment management company’s stock worth $2,889,000 after buying an additional 12,212 shares during the period. Finally, Family Firm Inc. grew its holdings in shares of BlackRock Core Bond Trust by 0.6% during the second quarter. Family Firm Inc. now owns 227,525 shares of the investment management company’s stock worth $2,423,000 after buying an additional 1,341 shares in the last quarter.

About BlackRock Core Bond Trust

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.