BlackRock Enhanced International Dividend Trust (NYSE:BGY) Short Interest Down 58.7% in April

BlackRock Enhanced International Dividend Trust (NYSE:BGY) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 35,500 shares, a decline of 58.7% from the March 31st total of 85,900 shares. Based on an average daily volume of 202,800 shares, the short-interest ratio is presently 0.2 days.

BlackRock Enhanced International Dividend Trust Stock Up 1.0 %

Shares of BGY stock traded up $0.05 during trading on Friday, hitting $5.29. 88,715 shares of the stock traded hands, compared to its average volume of 207,077. BlackRock Enhanced International Dividend Trust has a 52-week low of $4.68 and a 52-week high of $5.66. The firm’s fifty day moving average price is $5.36 and its 200-day moving average price is $5.22.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be paid a $0.034 dividend. This represents a $0.41 annualized dividend and a dividend yield of 7.71%. The ex-dividend date of this dividend is Friday, April 12th.

Institutional Trading of BlackRock Enhanced International Dividend Trust

Hedge funds and other institutional investors have recently modified their holdings of the business. Mesirow Financial Investment Management Inc. purchased a new position in BlackRock Enhanced International Dividend Trust during the first quarter worth about $445,000. Nomura Holdings Inc. acquired a new position in BlackRock Enhanced International Dividend Trust during the 4th quarter worth about $76,000. PNC Financial Services Group Inc. boosted its holdings in BlackRock Enhanced International Dividend Trust by 10.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 135,245 shares of the investment management company’s stock valued at $713,000 after acquiring an additional 13,175 shares during the period. Karpus Management Inc. boosted its holdings in BlackRock Enhanced International Dividend Trust by 6.5% during the 4th quarter. Karpus Management Inc. now owns 5,723,137 shares of the investment management company’s stock valued at $30,161,000 after acquiring an additional 346,831 shares during the period. Finally, Quantedge Capital Pte Ltd grew its position in BlackRock Enhanced International Dividend Trust by 132.5% in the 4th quarter. Quantedge Capital Pte Ltd now owns 118,813 shares of the investment management company’s stock valued at $626,000 after acquiring an additional 67,700 shares in 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.