BlackRock Core Bond Trust (NYSE:BHK) Short Interest Update

BlackRock Core Bond Trust (NYSE:BHK) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 75,600 shares, a growth of 26.8% from the February 13th total of 59,600 shares. Based on an average trading volume of 154,100 shares, the days-to-cover ratio is currently 0.5 days.

BlackRock Core Bond Trust Price Performance

Shares of BHK traded up $0.06 during mid-day trading on Tuesday, hitting $10.69. 72,593 shares of the company’s stock were exchanged, compared to its average volume of 144,985. BlackRock Core Bond Trust has a 52 week low of $10.09 and a 52 week high of $12.10. The company has a 50-day simple moving average of $10.52 and a 200 day simple moving average of $11.08.

BlackRock Core Bond Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.0746 dividend. This represents a $0.90 annualized dividend and a dividend yield of 8.38%. The ex-dividend date of this dividend is Friday, March 14th.

Institutional Investors Weigh In On BlackRock Core Bond Trust

Several large investors have recently made changes to their positions in the stock. Brown Brothers Harriman & Co. acquired a new stake in BlackRock Core Bond Trust during the 3rd quarter valued at $32,000. Huntington National Bank bought a new position in BlackRock Core Bond Trust during the 4th quarter worth $63,000. Corient Private Wealth LLC bought a new position in BlackRock Core Bond Trust during the 4th quarter worth $108,000. Steward Partners Investment Advisory LLC grew its position in BlackRock Core Bond Trust by 34.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,611 shares of the investment management company’s stock valued at $111,000 after acquiring an additional 2,739 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in BlackRock Core Bond Trust in the fourth quarter valued at about $128,000.

About BlackRock Core Bond Trust

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.