Short Interest in BlackRock Limited Duration Income Trust (NYSE:BLW) Increases By 471.0%

BlackRock Limited Duration Income Trust (NYSE:BLW) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 117,485 shares, a growth of 471.0% from the January 15th total of 20,576 shares. Based on an average trading volume of 84,000 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 84,000 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Guggenheim Capital LLC increased its stake in BlackRock Limited Duration Income Trust by 8.5% during the second quarter. Guggenheim Capital LLC now owns 825,295 shares of the investment management company’s stock worth $11,703,000 after acquiring an additional 64,467 shares during the last quarter. UBS Group AG boosted its holdings in shares of BlackRock Limited Duration Income Trust by 7.4% in the 4th quarter. UBS Group AG now owns 697,442 shares of the investment management company’s stock worth $9,583,000 after purchasing an additional 48,276 shares during the period. Invesco Ltd. increased its position in shares of BlackRock Limited Duration Income Trust by 2.8% during the 3rd quarter. Invesco Ltd. now owns 337,441 shares of the investment management company’s stock valued at $4,724,000 after purchasing an additional 9,217 shares during the last quarter. Blue Zone Wealth Advisors LLC raised its holdings in BlackRock Limited Duration Income Trust by 7.7% during the 3rd quarter. Blue Zone Wealth Advisors LLC now owns 333,188 shares of the investment management company’s stock valued at $4,665,000 after buying an additional 23,730 shares during the period. Finally, Bank of America Corp DE lifted its position in BlackRock Limited Duration Income Trust by 7.8% in the third quarter. Bank of America Corp DE now owns 301,090 shares of the investment management company’s stock worth $4,215,000 after buying an additional 21,747 shares during the last quarter.

BlackRock Limited Duration Income Trust Price Performance

Shares of BLW stock traded up $0.05 during mid-day trading on Tuesday, hitting $13.78. The company had a trading volume of 76,936 shares, compared to its average volume of 100,335. The stock’s 50 day moving average price is $13.75 and its 200-day moving average price is $13.92. BlackRock Limited Duration Income Trust has a 52-week low of $12.48 and a 52-week high of $14.47.

BlackRock Limited Duration Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.1132 per share. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a yield of 9.9%.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.