BlackRock Enhanced International Dividend Trust (NYSE:BGY) Short Interest Update

BlackRock Enhanced International Dividend Trust (NYSE:BGY) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 149,500 shares, a growth of 143.5% from the October 15th total of 61,400 shares. Based on an average trading volume of 200,000 shares, the days-to-cover ratio is currently 0.7 days.

BlackRock Enhanced International Dividend Trust Price Performance

NYSE BGY traded down $0.03 during trading hours on Friday, hitting $5.38. 155,704 shares of the company were exchanged, compared to its average volume of 196,011. The company has a 50 day moving average of $5.64 and a two-hundred day moving average of $5.58. BlackRock Enhanced International Dividend Trust has a 52-week low of $5.00 and a 52-week high of $5.83.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.0338 dividend. This represents a $0.41 annualized dividend and a yield of 7.54%. The ex-dividend date of this dividend is Friday, November 15th.

Institutional Investors Weigh In On BlackRock Enhanced International Dividend Trust

Institutional investors have recently added to or reduced their stakes in the business. Luken Investment Analytics LLC purchased a new position in shares of BlackRock Enhanced International Dividend Trust during the second quarter worth approximately $33,000. Almitas Capital LLC acquired a new stake in BlackRock Enhanced International Dividend Trust during the 2nd quarter worth $90,000. Sequoia Financial Advisors LLC purchased a new position in BlackRock Enhanced International Dividend Trust during the 3rd quarter worth $92,000. Sanctuary Advisors LLC purchased a new position in BlackRock Enhanced International Dividend Trust during the 2nd quarter worth $106,000. Finally, Walleye Capital LLC acquired a new position in BlackRock Enhanced International Dividend Trust in the third quarter valued at $107,000.

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.