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

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

BlackRock Enhanced International Dividend Trust Stock Performance

NYSE BGY opened at $5.62 on Friday. BlackRock Enhanced International Dividend Trust has a 1 year low of $5.13 and a 1 year high of $5.83. The company has a fifty day moving average of $5.52 and a two-hundred day moving average of $5.57.

BlackRock Enhanced International Dividend Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.0426 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.51 annualized dividend and a yield of 9.10%.

Hedge Funds Weigh In On BlackRock Enhanced International Dividend Trust

Several large investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC boosted its stake in BlackRock Enhanced International Dividend Trust by 2.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 111,376 shares of the investment management company’s stock valued at $591,000 after acquiring an additional 2,157 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of BlackRock Enhanced International Dividend Trust by 1.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 212,009 shares of the investment management company’s stock valued at $1,126,000 after buying an additional 3,181 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of BlackRock Enhanced International Dividend Trust by 4.6% in the fourth quarter. Park Avenue Securities LLC now owns 197,771 shares of the investment management company’s stock valued at $1,050,000 after buying an additional 8,652 shares during the last quarter. Elequin Capital LP purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the fourth quarter valued at about $53,000. Finally, Thrivent Financial for Lutherans raised its holdings in shares of BlackRock Enhanced International Dividend Trust by 10.1% in the third quarter. Thrivent Financial for Lutherans now owns 132,088 shares of the investment management company’s stock valued at $766,000 after buying an additional 12,088 shares during the last quarter.

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.