BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Update

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 32,500 shares, a growth of 34.3% from the November 15th total of 24,200 shares. Based on an average trading volume of 115,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On BlackRock Enhanced Capital and Income Fund

Large investors have recently bought and sold shares of the company. Cornerstone Advisors LLC raised its stake in BlackRock Enhanced Capital and Income Fund by 120.3% during the 3rd quarter. Cornerstone Advisors LLC now owns 450,700 shares of the real estate investment trust’s stock worth $8,874,000 after buying an additional 246,093 shares during the period. Shaker Financial Services LLC grew its position in shares of BlackRock Enhanced Capital and Income Fund by 49.2% in the 3rd quarter. Shaker Financial Services LLC now owns 339,551 shares of the real estate investment trust’s stock valued at $6,686,000 after purchasing an additional 111,924 shares during the period. Envestnet Asset Management Inc. grew its position in shares of BlackRock Enhanced Capital and Income Fund by 15.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 270,393 shares of the real estate investment trust’s stock valued at $5,405,000 after purchasing an additional 35,449 shares during the period. Wolverine Asset Management LLC lifted its stake in BlackRock Enhanced Capital and Income Fund by 82.4% in the third quarter. Wolverine Asset Management LLC now owns 230,165 shares of the real estate investment trust’s stock valued at $4,532,000 after buying an additional 103,972 shares in the last quarter. Finally, Landscape Capital Management L.L.C. boosted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 24.0% in the third quarter. Landscape Capital Management L.L.C. now owns 159,048 shares of the real estate investment trust’s stock valued at $3,132,000 after buying an additional 30,766 shares during the period.

BlackRock Enhanced Capital and Income Fund Stock Up 0.2 %

Shares of BlackRock Enhanced Capital and Income Fund stock traded up $0.04 during trading on Friday, reaching $20.24. 102,193 shares of the company were exchanged, compared to its average volume of 94,110. The business has a 50-day moving average price of $19.85 and a 200-day moving average price of $19.60. BlackRock Enhanced Capital and Income Fund has a twelve month low of $17.57 and a twelve month high of $20.46.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be given a $0.141 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 8.36%.

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.