BlackRock Floating Rate Income Trust (NYSE:BGT) Short Interest Update

Posted by Francis Steltz on Jul 28th, 2026

BlackRock Floating Rate Income Trust (NYSE:BGT – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 99,122 shares, a growth of 130.8% from the June 30th total of 42,946 shares. Based on an average daily trading volume, of 92,787 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of BlackRock Floating Rate Income Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in BGT. Royal Bank of Canada lifted its position in BlackRock Floating Rate Income Trust by 12.0% during the 1st quarter. Royal Bank of Canada now owns 46,577 shares of the investment management company’s stock valued at $578,000 after purchasing an additional 4,997 shares during the period. Cetera Investment Advisers acquired a new stake in shares of BlackRock Floating Rate Income Trust during the 2nd quarter worth approximately $232,000. Baird Financial Group Inc. grew its position in shares of BlackRock Floating Rate Income Trust by 33.2% during the 2nd quarter. Baird Financial Group Inc. now owns 160,791 shares of the investment management company’s stock worth $2,013,000 after buying an additional 40,096 shares during the period. Ausdal Financial Partners Inc. bought a new stake in shares of BlackRock Floating Rate Income Trust during the second quarter worth approximately $150,000. Finally, Jane Street Group LLC bought a new stake in shares of BlackRock Floating Rate Income Trust during the second quarter worth approximately $138,000.

BlackRock Floating Rate Income Trust Stock Down 0.3%

Shares of NYSE BGT traded down $0.04 during midday trading on Tuesday, hitting $10.82. The stock had a trading volume of 10,958 shares, compared to its average volume of 123,567. BlackRock Floating Rate Income Trust has a fifty-two week low of $10.22 and a fifty-two week high of $12.75. The company’s 50-day simple moving average is $10.71 and its 200 day simple moving average is $10.95.

BlackRock Floating Rate Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.1203 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 13.3%.

About BlackRock Floating Rate Income Trust

(Get Free Report)

BlackRock Floating Rate Income Trust (NYSE: BGT) is a diversified, closed-end management investment company that seeks to generate current income by investing in floating rate debt instruments. Established and managed by BlackRock Advisors, the trust provides investors with exposure to senior secured loans, high-yield corporate debt, collateralized loan obligations (CLOs) and other floating rate credit products. By focusing on floating rate securities, the fund aims to offer protection against rising interest rates while pursuing consistent income generation.

The trust’s portfolio is constructed through an active, research-driven process led by a team of credit specialists within BlackRock’s Global Credit platform.