BlackRock Enhanced International Dividend Trust (NYSE:BGY) Short Interest Up 29.7% in March

BlackRock Enhanced International Dividend Trust (NYSE:BGY) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 297,200 shares, an increase of 29.7% from the February 28th total of 229,100 shares. Based on an average daily volume of 319,200 shares, the short-interest ratio is presently 0.9 days.

BlackRock Enhanced International Dividend Trust Trading Down 1.2 %

NYSE:BGY traded down $0.07 on Wednesday, hitting $5.59. 236,411 shares of the company’s stock were exchanged, compared to its average volume of 238,451. The firm has a 50-day moving average price of $5.60 and a 200-day moving average price of $5.56. BlackRock Enhanced International Dividend Trust has a 52 week low of $5.13 and a 52 week high of $5.90.

BlackRock Enhanced International Dividend Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a dividend of $0.0426 per share. The ex-dividend date was Friday, March 14th. This represents a $0.51 annualized dividend and a yield of 9.14%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BGY. Elequin Capital LP acquired a new stake in shares of BlackRock Enhanced International Dividend Trust in the 4th quarter valued at approximately $53,000. Soltis Investment Advisors LLC bought a new position in shares of BlackRock Enhanced International Dividend Trust in the 4th quarter valued at about $67,000. Jane Street Group LLC bought a new position in shares of BlackRock Enhanced International Dividend Trust in the 4th quarter valued at about $68,000. Walleye Capital LLC acquired a new position in shares of BlackRock Enhanced International Dividend Trust during the 3rd quarter worth about $107,000. Finally, World Investment Advisors LLC bought a new stake in shares of BlackRock Enhanced International Dividend Trust in the 3rd quarter valued at about $197,000.

About BlackRock Enhanced International Dividend Trust

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.