BlackRock Limited Duration Income Trust (NYSE:BLW – Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 180,949 shares, a growth of 679.2% from the June 30th total of 23,223 shares. Based on an average daily trading volume, of 183,927 shares, the days-to-cover ratio is currently 1.0 days.
BlackRock Limited Duration Income Trust Stock Up 0.1%
Shares of NYSE BLW opened at $12.57 on Monday. BlackRock Limited Duration Income Trust has a one year low of $12.06 and a one year high of $14.30. The business’s fifty day moving average price is $12.46 and its 200-day moving average price is $12.95.
BlackRock Limited Duration Income Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.1132 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date is Tuesday, September 15th.
Institutional Investors Weigh In On BlackRock Limited Duration Income Trust
About BlackRock Limited Duration Income Trust
BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.
Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.
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