BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Update

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 300,500 shares, an increase of 112.2% from the February 28th total of 141,600 shares. Based on an average trading volume of 350,300 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On BlackRock ESG Capital Allocation Term Trust

Institutional investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the third quarter worth $27,000. IFP Advisors Inc purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at about $36,000. Fifth Third Bancorp bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth about $74,000. Private Advisor Group LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth about $178,000. Finally, K2 Principal Fund L.P. bought a new position in BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at approximately $187,000.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of BlackRock ESG Capital Allocation Term Trust stock traded down $0.16 during trading hours on Friday, hitting $15.91. The company’s stock had a trading volume of 348,794 shares, compared to its average volume of 281,242. The business has a 50 day moving average price of $16.54 and a two-hundred day moving average price of $17.01. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $15.84 and a 12-month high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.3063 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.68 dividend on an annualized basis and a yield of 23.11%.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.