BlackRock Multi-Sector Income Trust (NYSE:BIT) Sees Significant Decline in Short Interest

Posted by Francis Steltz on Oct 12th, 2026

BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 90,158 shares, a decrease of 64.6% from the September 15th total of 254,922 shares. Based on an average daily trading volume, of 560,297 shares, the days-to-cover ratio is currently 0.2 days.

BlackRock Multi-Sector Income Trust Price Performance

BIT traded down $0.04 during trading hours on Monday, reaching $11.22. 201,425 shares of the company’s stock traded hands, compared to its average volume of 317,514. The firm has a 50-day moving average price of $11.77 and a 200 day moving average price of $12.25. BlackRock Multi-Sector Income Trust has a 52-week low of $11.03 and a 52-week high of $13.44.

BlackRock Multi-Sector Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be paid a $0.1237 dividend. The ex-dividend date is Friday, December 11th. This represents a $1.48 dividend on an annualized basis and a yield of 13.2%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Wealth Care LLC purchased a new position in BlackRock Multi-Sector Income Trust in the 1st quarter worth about $650,000. Beta Wealth Group Inc. bought a new stake in BlackRock Multi-Sector Income Trust during the 4th quarter valued at about $1,862,000. 1607 Capital Partners LLC purchased a new stake in BlackRock Multi-Sector Income Trust in the 4th quarter valued at about $2,166,000. Bank of America Corp DE bought a new stake in shares of BlackRock Multi-Sector Income Trust during the second quarter valued at approximately $1,527,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of BlackRock Multi-Sector Income Trust in the first quarter valued at approximately $4,664,000.

BlackRock Multi-Sector Income Trust Company Profile

(Get Free Report)

BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end management investment company advised by BlackRock Advisors, LLC. The Trust seeks to provide a high level of current income, with capital appreciation as a secondary objective.

The Trust invests in a diversified, actively managed portfolio of fixed-income securities and other income-producing assets. Its investments may include corporate bonds, government and agency securities, mortgage-backed and asset-backed securities, bank loans, emerging-market debt, and other credit-related instruments.