BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Up 231.7% in January

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 83,600 shares, an increase of 231.7% from the December 31st total of 25,200 shares. Based on an average daily trading volume, of 119,200 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On BlackRock Enhanced Capital and Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of CII. Atomi Financial Group Inc. lifted its stake in shares of BlackRock Enhanced Capital and Income Fund by 5.6% during the 3rd quarter. Atomi Financial Group Inc. now owns 13,523 shares of the real estate investment trust’s stock worth $266,000 after acquiring an additional 719 shares during the last quarter. Stifel Financial Corp increased its stake in BlackRock Enhanced Capital and Income Fund by 4.0% during the 3rd quarter. Stifel Financial Corp now owns 43,171 shares of the real estate investment trust’s stock valued at $850,000 after purchasing an additional 1,677 shares in the last quarter. Sanctuary Advisors LLC boosted its position in BlackRock Enhanced Capital and Income Fund by 28.5% in the third quarter. Sanctuary Advisors LLC now owns 15,314 shares of the real estate investment trust’s stock valued at $302,000 after buying an additional 3,397 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of BlackRock Enhanced Capital and Income Fund by 8.3% in the second quarter. B. Riley Wealth Advisors Inc. now owns 48,759 shares of the real estate investment trust’s stock worth $975,000 after buying an additional 3,733 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in BlackRock Enhanced Capital and Income Fund by 12.1% in the second quarter. Cetera Investment Advisers now owns 68,662 shares of the real estate investment trust’s stock valued at $1,373,000 after buying an additional 7,420 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Price Performance

CII stock traded up $0.15 during trading on Thursday, reaching $20.82. The company had a trading volume of 95,621 shares, compared to its average volume of 98,670. BlackRock Enhanced Capital and Income Fund has a 52 week low of $17.57 and a 52 week high of $21.14. The business has a 50 day moving average of $20.28 and a 200 day moving average of $19.73.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.141 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.69 dividend on an annualized basis and a yield of 8.13%.

BlackRock Enhanced Capital and Income Fund Company Profile

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.