BlackRock Core Bond Trust (NYSE:BHK) Short Interest Update

BlackRock Core Bond Trust (NYSE:BHK) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 75,600 shares, an increase of 26.8% from the February 13th total of 59,600 shares. Based on an average daily trading volume, of 154,100 shares, the short-interest ratio is currently 0.5 days.

BlackRock Core Bond Trust Trading Down 0.6 %

BlackRock Core Bond Trust stock traded down $0.07 during mid-day trading on Monday, hitting $10.62. The company had a trading volume of 123,957 shares, compared to its average volume of 145,273. BlackRock Core Bond Trust has a 12 month low of $10.09 and a 12 month high of $12.10. The stock’s 50 day moving average price is $10.52 and its two-hundred day moving average price is $11.08.

BlackRock Core Bond Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.0746 per share. This represents a $0.90 annualized dividend and a yield of 8.43%. The ex-dividend date is Friday, March 14th.

Institutional Trading of BlackRock Core Bond Trust

A number of institutional investors and hedge funds have recently bought and sold shares of BHK. HighTower Advisors LLC bought a new stake in shares of BlackRock Core Bond Trust during the third quarter valued at approximately $134,000. Steward Partners Investment Advisory LLC boosted its stake in BlackRock Core Bond Trust by 34.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,611 shares of the investment management company’s stock valued at $111,000 after purchasing an additional 2,739 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of BlackRock Core Bond Trust by 18.3% in the 3rd quarter. Private Trust Co. NA now owns 116,299 shares of the investment management company’s stock worth $1,400,000 after purchasing an additional 17,992 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of BlackRock Core Bond Trust by 5.6% in the fourth quarter. Private Advisor Group LLC now owns 250,649 shares of the investment management company’s stock worth $2,622,000 after purchasing an additional 13,279 shares during the last quarter. Finally, Patten Group Inc. lifted its holdings in shares of BlackRock Core Bond Trust by 6.6% during the fourth quarter. Patten Group Inc. now owns 60,699 shares of the investment management company’s stock valued at $635,000 after purchasing an additional 3,740 shares in the last quarter.

About BlackRock Core Bond Trust

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.