Short Interest in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Decreases By 50.8%

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 274,733 shares, a drop of 50.8% from the November 30th total of 558,225 shares. Based on an average daily volume of 326,033 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 326,033 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Baird Financial Group Inc. boosted its position in BlackRock ESG Capital Allocation Term Trust by 59.8% during the first quarter. Baird Financial Group Inc. now owns 75,176 shares of the company’s stock worth $1,186,000 after purchasing an additional 28,136 shares during the period. Comerica Bank lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 29.2% in the first quarter. Comerica Bank now owns 16,899 shares of the company’s stock worth $266,000 after buying an additional 3,823 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 2nd quarter worth $84,000. Wedbush Securities Inc. grew its stake in BlackRock ESG Capital Allocation Term Trust by 36.3% in the 2nd quarter. Wedbush Securities Inc. now owns 43,535 shares of the company’s stock valued at $699,000 after buying an additional 11,591 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new position in BlackRock ESG Capital Allocation Term Trust in the 2nd quarter worth $477,000.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.5%

ECAT stock traded down $0.09 during midday trading on Monday, reaching $15.51. The company had a trading volume of 547,657 shares, compared to its average volume of 344,963. The company has a 50 day moving average of $15.95 and a two-hundred day moving average of $16.21. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.35 and a 1 year high of $17.16.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a $0.2785 dividend. The ex-dividend date is Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 21.6%.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.