BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Shares Shorted: Short Interest Up 151.9% in September

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 341,659 shares, a growth of 151.9% from the August 31st total of 135,617 shares. Based on an average trading volume of 708,146 shares, the short-interest ratio is presently 0.5 days.

BlackRock ESG Capital Allocation Term Trust Trading Down 0.1%

Shares of BlackRock ESG Capital Allocation Term Trust stock traded down $0.02 during trading on Friday, reaching $14.06. The company’s stock had a trading volume of 314,367 shares, compared to its average volume of 529,212. The business’s fifty day moving average price is $15.11 and its 200-day moving average price is $15.01. BlackRock ESG Capital Allocation Term Trust has a one year low of $13.36 and a one year high of $16.73.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be issued a $0.2644 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $3.17 dividend on an annualized basis and a yield of 22.6%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ECAT. RFG Advisory LLC grew its stake in shares of BlackRock ESG Capital Allocation Term Trust by 76.9% in the first quarter. RFG Advisory LLC now owns 105,805 shares of the company’s stock worth $1,437,000 after acquiring an additional 45,990 shares during the last quarter. Aviance Capital Partners LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust during the 1st quarter valued at $553,000. Wealth Effects LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust in the 1st quarter valued at $520,000. Kestra Advisory Services LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust in the 1st quarter valued at $359,000. Finally, Mason & Associates Inc grew its position in BlackRock ESG Capital Allocation Term Trust by 7.6% in the 2nd quarter. Mason & Associates Inc now owns 357,593 shares of the company’s stock worth $5,621,000 after purchasing an additional 25,389 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a non-diversified, closed-end management investment company advised by BlackRock Advisors, LLC. The fund seeks to provide total return through a combination of current income, current gains and long-term capital appreciation.

ECAT invests in a portfolio of equity and fixed-income securities issued by companies and governments in the United States and other countries. Its portfolio may include common stocks, preferred securities, corporate bonds, government and agency securities, and other income-producing investments.