BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Brief Interest Update

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT – Get Free Report ) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 191,100 shares, an increase of 78.3% from the August 31st total of 107,200 shares. Based on an average trading volume of 285,200 shares, the short interest rate is currently 0.7 days.

BlackRock ESG Trust Price Performance

NYSE ECAT traded up $0.20 during trading on Friday, reaching $17.60. The company’s stock had a trading volume of 167,757 shares, compared to its average volume of 264,259. The firm has a fifty day moving average of $17.27 and a 200 day moving average of $17.18. BlackRock ESG Capital Allocation Term Trust has a one year low of $14.02 and a one year high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.3016 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a dividend of $3.62 on an annualized basis and a dividend yield of 20.56%.

Institutional inputs and outputs

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Whittier Trust Co. bought a new position in shares of BlackRock ESG Capital Allocation Term Trust in the second quarter valued at about $131,000. Quadrature Capital Ltd purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at about $271,000. PFG Investments LLC raised its stake in shares of BlackRock ESG Capital Allocation Term Trust by 17.4% in the second quarter. PFG Investments LLC now owns 18,200 shares of the company’s stock worth $319,000 after purchasing an additional 2,700 shares in the last quarter. Comerica Bank boosted its position in BlackRock ESG Capital Allocation Term Trust by 4.7% in the first quarter. Comerica Bank now owns 19,896 shares of the company’s stock valued at $345,000 after purchasing an additional 895 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter valued at about $372,000.

BlackRock ESG Capital Allocation Term Trust Company Profile

(Get a free report)

The investment objectives of the BlackRock ESG Capital Allocation Trust (ECAT) (the “Trust”) are to provide total return and income through a combination of current income, current earnings and long-term capital appreciation. The trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.

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