BlackRock Core Bond Trust (NYSE:BHK) Short Interest Update

BlackRock Core Bond Trust (NYSE:BHKGet Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 363,300 shares, a growth of 15.8% from the February 29th total of 313,800 shares. Based on an average trading volume of 185,800 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BHK. NBC Securities Inc. purchased a new stake in shares of BlackRock Core Bond Trust during the 3rd quarter worth about $52,000. Advisory Services Network LLC acquired a new position in BlackRock Core Bond Trust in the 4th quarter worth about $101,000. Legacy Advisors LLC purchased a new position in BlackRock Core Bond Trust during the fourth quarter worth approximately $110,000. Nomura Holdings Inc. acquired a new stake in BlackRock Core Bond Trust in the second quarter valued at approximately $114,000. Finally, Truist Financial Corp purchased a new stake in shares of BlackRock Core Bond Trust in the fourth quarter valued at approximately $123,000.

BlackRock Core Bond Trust Price Performance

NYSE:BHK traded down $0.01 during mid-day trading on Tuesday, hitting $10.74. The company’s stock had a trading volume of 146,579 shares, compared to its average volume of 191,196. The business’s fifty day moving average is $10.66 and its two-hundred day moving average is $10.34. BlackRock Core Bond Trust has a 1 year low of $9.02 and a 1 year high of $11.09.

BlackRock Core Bond Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.075 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.38%.

About BlackRock Core Bond Trust

(Get Free Report)

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.

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