Short Interest in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Decreases By 51.1%

Posted by Emily Schoerning on Feb 15th, 2025

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT – Get Free Report) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 32,300 shares, a decrease of 51.1% from the January 15th total of 66,100 shares. Based on an average daily trading volume, of 283,700 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On BlackRock ESG Capital Allocation Term Trust

A number of institutional investors have recently bought and sold shares of ECAT. Wilmington Savings Fund Society FSB bought a new position in BlackRock ESG Capital Allocation Term Trust in the third quarter worth about $27,000. IFP Advisors Inc bought a new position in BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth about $36,000. Fifth Third Bancorp purchased a new stake in BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth about $74,000. Private Advisor Group LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth about $178,000. Finally, Two Sigma Securities LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth about $194,000.

BlackRock ESG Capital Allocation Term Trust Price Performance

ECAT stock opened at $16.79 on Friday. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $15.95 and a 1 year high of $18.14. The firm has a 50-day moving average of $16.81 and a 200 day moving average of $17.18.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.307 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 21.95%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock ESG Capital Allocation Term Trust Company Profile

(Get Free Report)

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.