BlackRock Enhanced International Dividend Trust (NYSE:BGY) Short Interest Down 32.7% in December

BlackRock Enhanced International Dividend Trust (NYSE:BGY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 116,400 shares, a drop of 32.7% from the November 30th total of 172,900 shares. Based on an average trading volume of 264,000 shares, the days-to-cover ratio is presently 0.4 days.

BlackRock Enhanced International Dividend Trust Price Performance

NYSE:BGY traded down $0.05 during mid-day trading on Friday, hitting $5.34. 135,608 shares of the stock traded hands, compared to its average volume of 205,040. The business’s 50-day moving average price is $5.53 and its 200 day moving average price is $5.59. BlackRock Enhanced International Dividend Trust has a 12-month low of $5.13 and a 12-month high of $5.83.

BlackRock Enhanced International Dividend Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 16th were issued a $0.0426 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.51 annualized dividend and a dividend yield of 9.57%.

Institutional Trading of BlackRock Enhanced International Dividend Trust

Large investors have recently modified their holdings of the business. World Investment Advisors LLC bought a new stake in BlackRock Enhanced International Dividend Trust during the third quarter valued at approximately $197,000. IHT Wealth Management LLC lifted its holdings in shares of BlackRock Enhanced International Dividend Trust by 62.3% during the 3rd quarter. IHT Wealth Management LLC now owns 256,811 shares of the investment management company’s stock worth $1,486,000 after acquiring an additional 98,533 shares during the last quarter. Walleye Capital LLC purchased a new position in BlackRock Enhanced International Dividend Trust in the third quarter worth $107,000. Pathstone Holdings LLC grew its position in BlackRock Enhanced International Dividend Trust by 35.4% in the third quarter. Pathstone Holdings LLC now owns 525,936 shares of the investment management company’s stock worth $3,051,000 after acquiring an additional 137,639 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in BlackRock Enhanced International Dividend Trust by 10.1% in the third quarter. Thrivent Financial for Lutherans now owns 132,088 shares of the investment management company’s stock valued at $766,000 after acquiring an additional 12,088 shares during the last quarter.

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.