BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Short Interest Update

by · The Cerbat Gem

BlackRock Enhanced Global Dividend Trust (NYSE:BOE – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 85,700 shares, an increase of 221.0% from the September 15th total of 26,700 shares. Based on an average daily volume of 164,700 shares, the short-interest ratio is currently 0.5 days.

BlackRock Enhanced Global Dividend Trust Trading Up 0.0 %

Shares of BOE stock traded up $0.01 during trading on Thursday, hitting $11.35. The company had a trading volume of 109,539 shares, compared to its average volume of 159,376. BlackRock Enhanced Global Dividend Trust has a one year low of $8.80 and a one year high of $11.37. The stock’s 50-day moving average price is $10.99 and its 200 day moving average price is $10.64.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be given a $0.063 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 6.66%. The ex-dividend date is Tuesday, October 15th.

Hedge Funds Weigh In On BlackRock Enhanced Global Dividend Trust

A number of institutional investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new position in BlackRock Enhanced Global Dividend Trust during the 2nd quarter worth $1,449,000. B. Riley Wealth Advisors Inc. lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 6.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 48,007 shares of the financial services provider’s stock worth $509,000 after acquiring an additional 2,786 shares during the period. Thrivent Financial for Lutherans boosted its holdings in BlackRock Enhanced Global Dividend Trust by 7.6% in the second quarter. Thrivent Financial for Lutherans now owns 264,313 shares of the financial services provider’s stock valued at $2,804,000 after acquiring an additional 18,740 shares during the last quarter. Choreo LLC acquired a new stake in BlackRock Enhanced Global Dividend Trust during the 2nd quarter valued at approximately $458,000. Finally, Private Advisor Group LLC raised its holdings in BlackRock Enhanced Global Dividend Trust by 3.3% during the 2nd quarter. Private Advisor Group LLC now owns 79,215 shares of the financial services provider’s stock worth $840,000 after purchasing an additional 2,508 shares during the last quarter.

BlackRock Enhanced Global Dividend Trust Company Profile

(Get Free Report)

BlackRock Enhanced Global 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. The fund seeks to invest in stocks of companies operating across diversified sectors.

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