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

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 45,400 shares, a decline of 60.6% from the January 31st total of 115,300 shares. Based on an average trading volume of 154,100 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On BlackRock Enhanced Global Dividend Trust

A number of institutional investors have recently added to or reduced their stakes in the company. Elequin Capital LP purchased a new position in shares of BlackRock Enhanced Global Dividend Trust in the fourth quarter worth approximately $99,000. Modern Wealth Management LLC acquired a new position in BlackRock Enhanced Global Dividend Trust in the 4th quarter worth about $128,000. Level Four Advisory Services LLC raised its stake in shares of BlackRock Enhanced Global Dividend Trust by 25.7% during the 4th quarter. Level Four Advisory Services LLC now owns 12,737 shares of the financial services provider’s stock worth $137,000 after purchasing an additional 2,607 shares in the last quarter. Meridian Wealth Management LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust during the 3rd quarter valued at about $138,000. Finally, Illumine Investment Management LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust during the 4th quarter valued at about $140,000.

BlackRock Enhanced Global Dividend Trust Stock Down 0.2 %

Shares of BlackRock Enhanced Global Dividend Trust stock traded down $0.02 on Friday, reaching $11.20. 55,545 shares of the company were exchanged, compared to its average volume of 143,876. The company’s 50-day moving average is $11.14 and its two-hundred day moving average is $11.15. BlackRock Enhanced Global Dividend Trust has a 1-year low of $9.83 and a 1-year high of $11.47.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.0827 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.99 dividend on an annualized basis and a yield of 8.86%.

About BlackRock Enhanced Global Dividend Trust

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.