Short Interest in BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) Increases By 20.0%

BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,400 shares, an increase of 20.0% from the February 13th total of 2,000 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 1.0 days.

BlackRock Enhanced Government Fund Price Performance

Shares of EGF stock traded down $0.04 during midday trading on Tuesday, reaching $9.73. 1,146 shares of the company traded hands, compared to its average volume of 4,080. The firm’s 50 day simple moving average is $9.71 and its two-hundred day simple moving average is $9.85. BlackRock Enhanced Government Fund has a 1-year low of $9.05 and a 1-year high of $11.51.

BlackRock Enhanced Government Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.041 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.49 dividend on an annualized basis and a dividend yield of 5.06%.

Institutional Investors Weigh In On BlackRock Enhanced Government Fund

An institutional investor recently bought a new position in BlackRock Enhanced Government Fund stock. Private Advisor Group LLC purchased a new stake in shares of BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 59,263 shares of the company’s stock, valued at approximately $575,000.

BlackRock Enhanced Government Fund Company Profile

BlackRock Enhanced Government Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S.