BlackRock Capital Allocation Term Trust (NYSE:BCAT) Short Interest Update

BlackRock Capital Allocation Term Trust (NYSE:BCAT) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 135,400 shares, an increase of 62.5% from the January 31st total of 83,300 shares. Based on an average daily trading volume, of 461,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of BlackRock Capital Allocation Term Trust

Several large investors have recently modified their holdings of BCAT. CIBC Private Wealth Group LLC purchased a new stake in BlackRock Capital Allocation Term Trust in the 4th quarter valued at approximately $36,000. Anfield Capital Management LLC purchased a new stake in shares of BlackRock Capital Allocation Term Trust in the fourth quarter valued at $56,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of BlackRock Capital Allocation Term Trust in the fourth quarter valued at $112,000. Comerica Bank boosted its stake in shares of BlackRock Capital Allocation Term Trust by 27.1% during the fourth quarter. Comerica Bank now owns 10,126 shares of the company’s stock valued at $153,000 after acquiring an additional 2,157 shares during the last quarter. Finally, Ashton Thomas Securities LLC purchased a new stake in BlackRock Capital Allocation Term Trust during the 3rd quarter worth about $156,000. 36.12% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Capital Allocation Term Trust Stock Down 0.5 %

BlackRock Capital Allocation Term Trust stock traded down $0.07 during trading hours on Tuesday, hitting $15.35. The stock had a trading volume of 475,999 shares, compared to its average volume of 397,651. BlackRock Capital Allocation Term Trust has a 1-year low of $15.00 and a 1-year high of $17.18. The stock’s fifty day moving average is $15.49 and its two-hundred day moving average is $15.97.

BlackRock Capital Allocation Term Trust Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.2882 dividend. This represents a $3.46 annualized dividend and a dividend yield of 22.53%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10.

BlackRock Capital Allocation Term Trust Company Profile

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