BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Down 13.6% in March

BlackRock Limited Duration Income Trust (NYSE:BLW) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 126,500 shares, a decrease of 13.6% from the March 15th total of 146,400 shares. Based on an average trading volume of 88,900 shares, the short-interest ratio is currently 1.4 days.

BlackRock Limited Duration Income Trust Stock Performance

NYSE:BLW traded down $0.01 during trading hours on Tuesday, reaching $13.30. 117,677 shares of the company were exchanged, compared to its average volume of 89,651. The stock’s 50-day moving average is $13.94 and its 200-day moving average is $13.51. BlackRock Limited Duration Income Trust has a twelve month low of $12.35 and a twelve month high of $14.26.

BlackRock Limited Duration Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a dividend of $0.108 per share. This represents a $1.30 dividend on an annualized basis and a yield of 9.75%. The ex-dividend date is Friday, April 12th.

Hedge Funds Weigh In On BlackRock Limited Duration Income Trust

A number of large investors have recently added to or reduced their stakes in BLW. Carmichael Hill & Associates Inc. grew its holdings in shares of BlackRock Limited Duration Income Trust by 7.8% during the fourth quarter. Carmichael Hill & Associates Inc. now owns 14,488 shares of the investment management company’s stock worth $203,000 after buying an additional 1,054 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of BlackRock Limited Duration Income Trust by 2.0% during the first quarter. NewEdge Advisors LLC now owns 59,050 shares of the investment management company’s stock worth $768,000 after buying an additional 1,151 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of BlackRock Limited Duration Income Trust by 2.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 46,352 shares of the investment management company’s stock worth $648,000 after buying an additional 1,175 shares in the last quarter. Pointe Capital Management LLC grew its holdings in shares of BlackRock Limited Duration Income Trust by 5.3% during the third quarter. Pointe Capital Management LLC now owns 25,965 shares of the investment management company’s stock worth $334,000 after buying an additional 1,300 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of BlackRock Limited Duration Income Trust by 4.0% during the third quarter. Commonwealth Equity Services LLC now owns 45,802 shares of the investment management company’s stock worth $554,000 after buying an additional 1,749 shares in the last quarter.

BlackRock Limited Duration Income Trust Company Profile

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.