BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT – Get Free Report) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 305,700 shares, a decrease of 41.3% from the February 13th total of 520,900 shares. Based on an average daily volume of 593,600 shares, the short-interest ratio is currently 0.5 days.
BlackRock Corporate High Yield Fund Stock Performance
HYT traded down $0.07 during trading on Friday, reaching $9.61. 512,963 shares of the company were exchanged, compared to its average volume of 478,597. The company’s 50-day moving average is $9.82 and its two-hundred day moving average is $9.88. BlackRock Corporate High Yield Fund has a 12-month low of $9.21 and a 12-month high of $10.16.
BlackRock Corporate High Yield Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.0779 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.93 annualized dividend and a dividend yield of 9.73%.
Institutional Trading of BlackRock Corporate High Yield Fund
BlackRock Corporate High Yield Fund Company Profile
BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation.
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