BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Up 900.0% in October

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 26,000 shares, an increase of 900.0% from the September 30th total of 2,600 shares. Based on an average daily volume of 114,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Mather Group LLC. bought a new position in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth approximately $47,000. TPG Advisors LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth approximately $211,000. Sanctuary Advisors LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth approximately $222,000. Calamos Advisors LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth approximately $237,000. Finally, Atomi Financial Group Inc. boosted its stake in BlackRock Enhanced Capital and Income Fund by 5.6% in the 3rd quarter. Atomi Financial Group Inc. now owns 13,523 shares of the real estate investment trust’s stock valued at $266,000 after purchasing an additional 719 shares during the period.

BlackRock Enhanced Capital and Income Fund Stock Down 0.2 %

BlackRock Enhanced Capital and Income Fund stock traded down $0.04 during midday trading on Friday, reaching $19.63. The stock had a trading volume of 57,120 shares, compared to its average volume of 90,491. The firm’s fifty day simple moving average is $19.48 and its 200-day simple moving average is $19.37. BlackRock Enhanced Capital and Income Fund has a 1-year low of $16.76 and a 1-year high of $20.40.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.0995 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.19 dividend on an annualized basis and a yield of 6.08%.

BlackRock Enhanced Capital and Income Fund Company Profile

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.