BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Short Interest Update

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 85,700 shares, a growth of 221.0% from the September 15th total of 26,700 shares. Based on an average trading volume of 164,700 shares, the short-interest ratio is presently 0.5 days.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of NYSE BOE traded up $0.05 during trading hours on Friday, hitting $11.39. 152,490 shares of the stock were exchanged, compared to its average volume of 159,341. The company’s 50 day moving average is $11.00 and its 200 day moving average is $10.64. BlackRock Enhanced Global Dividend Trust has a one year low of $8.80 and a one year high of $11.41.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.063 per share. This represents a $0.76 annualized dividend and a yield of 6.64%. The ex-dividend date is Tuesday, October 15th.

Hedge Funds Weigh In On BlackRock Enhanced Global Dividend Trust

Several large investors have recently bought and sold shares of the stock. Spirepoint Private Client LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust during the 1st quarter worth about $108,000. Nomura Holdings Inc. acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 4th quarter valued at approximately $124,000. Pinnacle Wealth Planning Services Inc. raised its holdings in BlackRock Enhanced Global Dividend Trust by 8.7% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 12,306 shares of the financial services provider’s stock worth $129,000 after buying an additional 982 shares during the period. Pacific Wealth Strategies Group Inc. raised its holdings in BlackRock Enhanced Global Dividend Trust by 40.2% during the 1st quarter. Pacific Wealth Strategies Group Inc. now owns 17,000 shares of the financial services provider’s stock worth $178,000 after buying an additional 4,875 shares during the period. Finally, Integrated Capital Management Inc. raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 8.1% in the first quarter. Integrated Capital Management Inc. now owns 18,234 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 1,362 shares during the last quarter.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global 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. The fund seeks to invest in stocks of companies operating across diversified sectors.