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

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 90,400 shares, a growth of 179.9% from the January 31st total of 32,300 shares. Based on an average trading volume of 292,600 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

Several institutional investors and hedge funds have recently made changes to their positions in ECAT. Wilmington Savings Fund Society FSB purchased a new stake in BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $27,000. IFP Advisors Inc purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the fourth quarter worth about $36,000. Fifth Third Bancorp acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at approximately $74,000. Private Advisor Group LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at approximately $178,000. Finally, K2 Principal Fund L.P. acquired a new stake in BlackRock ESG Capital Allocation Term Trust during the fourth quarter worth approximately $187,000.

BlackRock ESG Capital Allocation Term Trust Stock Up 0.8 %

Shares of NYSE ECAT traded up $0.14 on Friday, hitting $16.56. The company’s stock had a trading volume of 468,295 shares, compared to its average volume of 319,580. The stock has a 50 day moving average of $16.69 and a 200-day moving average of $17.16. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $15.95 and a 12-month high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.307 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 22.25%. The ex-dividend date is Friday, February 14th.

About BlackRock ESG Capital Allocation Term Trust

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.