BlackRock Enhanced International Dividend Trust (NYSE:BGY) Sees Significant Decrease in Short Interest

BlackRock Enhanced International Dividend Trust (NYSE:BGY) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 22,600 shares, a drop of 66.1% from the January 31st total of 66,700 shares. Based on an average daily trading volume, of 282,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Elequin Capital LP bought a new position in shares of BlackRock Enhanced International Dividend Trust in the fourth quarter valued at $53,000. Soltis Investment Advisors LLC bought a new position in shares of BlackRock Enhanced International Dividend Trust in the fourth quarter valued at $67,000. Jane Street Group LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the fourth quarter valued at about $68,000. Sequoia Financial Advisors LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the third quarter valued at about $92,000. Finally, Walleye Capital LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the third quarter valued at about $107,000.

BlackRock Enhanced International Dividend Trust Stock Up 0.4 %

Shares of BlackRock Enhanced International Dividend Trust stock traded up $0.03 during trading hours on Friday, reaching $5.66. The company’s stock had a trading volume of 249,995 shares, compared to its average volume of 219,002. BlackRock Enhanced International Dividend Trust has a one year low of $5.13 and a one year high of $5.83. The stock’s fifty day simple moving average is $5.46 and its two-hundred day simple moving average is $5.57.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.0426 dividend. This represents a $0.51 dividend on an annualized basis and a dividend yield of 9.04%. The ex-dividend date was Friday, February 14th.

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.