BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Short Interest Update

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 78,800 shares, a growth of 8.4% from the March 15th total of 72,700 shares. Based on an average trading volume of 549,200 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On BlackRock Enhanced Equity Dividend Trust

Hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new stake in BlackRock Enhanced Equity Dividend Trust during the first quarter valued at about $26,000. Creekmur Asset Management LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the fourth quarter valued at about $34,000. Moneta Group Investment Advisors LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the fourth quarter valued at about $77,000. L.M. Kohn & Company acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the third quarter valued at about $76,000. Finally, United Capital Financial Advisers LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the second quarter valued at about $84,000.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.5 %

BDJ stock traded up $0.04 during mid-day trading on Wednesday, reaching $7.86. 281,013 shares of the stock traded hands, compared to its average volume of 541,392. BlackRock Enhanced Equity Dividend Trust has a 52 week low of $6.91 and a 52 week high of $8.57. The business has a 50-day moving average of $8.07 and a two-hundred day moving average of $7.78.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a dividend of $0.056 per share. This represents a $0.67 dividend on an annualized basis and a yield of 8.55%. The ex-dividend date is Friday, April 12th.

About BlackRock Enhanced Equity Dividend Trust

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.