BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Update

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 191,100 shares, a growth of 78.3% from the August 31st total of 107,200 shares. Based on an average trading volume of 285,200 shares, the short-interest ratio is currently 0.7 days.

BlackRock ESG Capital Allocation Term Trust Price Performance

NYSE ECAT traded up $0.20 during trading on Friday, reaching $17.60. The company’s stock had a trading volume of 167,757 shares, compared to its average volume of 264,259. The firm has a fifty day moving average of $17.27 and a 200 day moving average of $17.18. BlackRock ESG Capital Allocation Term Trust has a one year low of $14.02 and a one year high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.3016 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $3.62 dividend on an annualized basis and a dividend yield of 20.56%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Whittier Trust Co. bought a new position in shares of BlackRock ESG Capital Allocation Term Trust in the second quarter worth approximately $131,000. Quadrature Capital Ltd purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the fourth quarter worth about $271,000. PFG Investments LLC grew its stake in shares of BlackRock ESG Capital Allocation Term Trust by 17.4% in the second quarter. PFG Investments LLC now owns 18,200 shares of the company’s stock worth $319,000 after purchasing an additional 2,700 shares during the last quarter. Comerica Bank raised its position in BlackRock ESG Capital Allocation Term Trust by 4.7% during the 1st quarter. Comerica Bank now owns 19,896 shares of the company’s stock valued at $345,000 after purchasing an additional 895 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth approximately $372,000.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.