BlackRock Core Bond Trust (NYSE:BHK) Short Interest Down 8.0% in September

BlackRock Core Bond Trust (NYSE:BHK) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 710,100 shares, a drop of 8.0% from the September 15th total of 771,900 shares. Based on an average daily volume of 157,600 shares, the short-interest ratio is presently 4.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Clean Yield Group purchased a new position in shares of BlackRock Core Bond Trust in the first quarter valued at approximately $27,000. Fairscale Capital LLC purchased a new position in shares of BlackRock Core Bond Trust during the 2nd quarter worth approximately $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in BlackRock Core Bond Trust during the third quarter worth $48,000. Gilman Hill Asset Management LLC acquired a new stake in shares of BlackRock Core Bond Trust in the third quarter valued at $120,000. Finally, Sanders Morris Harris LLC acquired a new position in BlackRock Core Bond Trust in the 1st quarter valued at about $151,000.

BlackRock Core Bond Trust Stock Performance

Shares of NYSE:BHK traded up $0.05 on Wednesday, hitting $11.79. The company’s stock had a trading volume of 95,613 shares, compared to its average volume of 157,796. The company has a 50-day simple moving average of $11.69 and a 200 day simple moving average of $11.02. BlackRock Core Bond Trust has a 1 year low of $9.02 and a 1 year high of $12.10.

BlackRock Core Bond Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a $0.0746 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 7.59%. The ex-dividend date is Tuesday, October 15th.

BlackRock Core Bond Trust Company Profile

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.