BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Update

BlackRock Limited Duration Income Trust (NYSE:BLW) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 337,400 shares, a growth of 20.5% from the December 15th total of 280,000 shares. Based on an average daily volume of 90,200 shares, the short-interest ratio is currently 3.7 days.

BlackRock Limited Duration Income Trust Stock Up 0.7 %

BLW traded up $0.10 on Friday, hitting $14.25. The company had a trading volume of 78,208 shares, compared to its average volume of 78,683. BlackRock Limited Duration Income Trust has a 1-year low of $13.24 and a 1-year high of $14.63. The company’s fifty day moving average price is $14.22 and its 200 day moving average price is $14.26.

BlackRock Limited Duration Income Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.1132 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.53%. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Annex Advisory Services LLC acquired a new stake in BlackRock Limited Duration Income Trust during the 3rd quarter valued at $223,000. Consolidated Portfolio Review Corp increased its stake in shares of BlackRock Limited Duration Income Trust by 3.3% in the third quarter. Consolidated Portfolio Review Corp now owns 27,435 shares of the investment management company’s stock valued at $397,000 after buying an additional 876 shares in the last quarter. Principal Securities Inc. increased its stake in shares of BlackRock Limited Duration Income Trust by 95.3% in the third quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock valued at $3,097,000 after buying an additional 104,388 shares in the last quarter. Prospera Financial Services Inc raised its holdings in shares of BlackRock Limited Duration Income Trust by 18.7% in the third quarter. Prospera Financial Services Inc now owns 12,298 shares of the investment management company’s stock valued at $178,000 after buying an additional 1,939 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in BlackRock Limited Duration Income Trust by 14.2% during the 3rd quarter. MML Investors Services LLC now owns 15,012 shares of the investment management company’s stock worth $217,000 after buying an additional 1,864 shares in the last quarter.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.