BlackRock Enhanced International Dividend Trust (NYSE:BGY) Short Interest Down 58.7% in April

BlackRock Enhanced International Dividend Trust (NYSE:BGY) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 35,500 shares, a decline of 58.7% from the March 31st total of 85,900 shares. Based on an average daily volume of 202,800 shares, the short-interest ratio is presently 0.2 days.

BlackRock Enhanced International Dividend Trust Trading Up 1.0 %

Shares of BlackRock Enhanced International Dividend Trust stock traded up $0.05 during trading hours on Friday, reaching $5.29. The stock had a trading volume of 88,715 shares, compared to its average volume of 207,077. BlackRock Enhanced International Dividend Trust has a twelve month low of $4.68 and a twelve month high of $5.66. The stock’s 50 day moving average is $5.36 and its 200 day moving average is $5.22.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be issued a $0.034 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.41 annualized dividend and a dividend yield of 7.71%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. NBC Securities Inc. purchased a new stake in BlackRock Enhanced International Dividend Trust in the third quarter valued at $29,000. RiverFront Investment Group LLC purchased a new stake in BlackRock Enhanced International Dividend Trust in the 3rd quarter valued at about $50,000. Investment Partners Asset Management Inc. acquired a new position in BlackRock Enhanced International Dividend Trust in the fourth quarter valued at about $73,000. Nomura Holdings Inc. purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the 4th quarter valued at approximately $76,000. Finally, CTC Alternative Strategies Ltd. purchased a new position in shares of BlackRock Enhanced International Dividend Trust during the 4th quarter worth approximately $87,000.

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.