BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Up 214.3% in November

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 24,200 shares, an increase of 214.3% from the October 31st total of 7,700 shares. Based on an average daily trading volume, of 113,200 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On BlackRock Enhanced Capital and Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mather Group LLC. purchased a new stake in BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth about $47,000. TPG Advisors LLC purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund during the second quarter worth about $211,000. Calamos Advisors LLC acquired a new position in shares of BlackRock Enhanced Capital and Income Fund in the second quarter valued at approximately $237,000. Sanctuary Advisors LLC purchased a new position in shares of BlackRock Enhanced Capital and Income Fund during the second quarter valued at approximately $222,000. Finally, Atomi Financial Group Inc. boosted its position in BlackRock Enhanced Capital and Income Fund by 5.6% during the third quarter. Atomi Financial Group Inc. now owns 13,523 shares of the real estate investment trust’s stock worth $266,000 after acquiring an additional 719 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Trading Up 0.1 %

BlackRock Enhanced Capital and Income Fund stock traded up $0.01 during mid-day trading on Wednesday, reaching $19.99. The company had a trading volume of 73,989 shares, compared to its average volume of 93,288. The stock’s 50-day simple moving average is $19.67 and its 200-day simple moving average is $19.52. BlackRock Enhanced Capital and Income Fund has a 1 year low of $17.57 and a 1 year high of $20.40.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be paid a $0.141 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.69 dividend on an annualized basis and a yield of 8.46%.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.