Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Short Interest Update

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 23,029 shares, a growth of 92.8% from the January 15th total of 11,944 shares. Based on an average trading volume of 71,574 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 71,574 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Jefferies Financial Group Inc. lifted its position in Blackrock Municipal 2030 Target Term Trust by 1.9% in the fourth quarter. Jefferies Financial Group Inc. now owns 26,485 shares of the company’s stock valued at $604,000 after purchasing an additional 500 shares during the period. Cerity Partners LLC lifted its holdings in Blackrock Municipal 2030 Target Term Trust by 0.3% in the fourth quarter. Cerity Partners LLC now owns 143,450 shares of the company’s stock valued at $3,274,000 after acquiring an additional 500 shares during the period. NewEdge Advisors LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 2.7% during the 3rd quarter. NewEdge Advisors LLC now owns 22,243 shares of the company’s stock worth $500,000 after purchasing an additional 591 shares in the last quarter. Petra Financial Advisors Inc. grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 2.5% during the 3rd quarter. Petra Financial Advisors Inc. now owns 27,700 shares of the company’s stock worth $622,000 after purchasing an additional 670 shares during the period. Finally, Ackerman Capital Advisors LLC increased its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 4.6% in the 4th quarter. Ackerman Capital Advisors LLC now owns 21,088 shares of the company’s stock valued at $481,000 after purchasing an additional 930 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Price Performance

Blackrock Municipal 2030 Target Term Trust stock opened at $22.79 on Friday. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $20.20 and a twelve month high of $23.03. The stock has a 50 day moving average of $22.64 and a two-hundred day moving average of $22.51.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a dividend of $0.0464 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 2.4%.

About Blackrock Municipal 2030 Target Term Trust

BlackRock Municipal 2030 Target Term Trust (NYSE: BTT) is a non-diversified, closed-end management investment company managed by BlackRock Fund Advisors. Launched in 2018, the trust seeks to provide shareholders with a high level of current income exempt from federal income tax, while also aiming for total return. Shares of BTT trade on the New York Stock Exchange, offering investors a means to access a portfolio of municipal securities through a publicly traded vehicle.

The trust’s primary investment activities focus on U.S.