BlackRock Limited Duration Income Trust (NYSE:BLW) Shares Shorted: Short Interest Down 88.1% in September

BlackRock Limited Duration Income Trust (NYSE:BLW) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 28,432 shares, a decline of 88.1% from the September 15th total of 239,297 shares. Based on an average trading volume of 291,898 shares, the short-interest ratio is currently 0.1 days.

BlackRock Limited Duration Income Trust Price Performance

Shares of BlackRock Limited Duration Income Trust stock traded up $0.07 during trading hours on Friday, hitting $11.85. 145,956 shares of the company were exchanged, compared to its average volume of 149,704. The business has a 50-day moving average of $12.31 and a 200-day moving average of $12.47. BlackRock Limited Duration Income Trust has a 1 year low of $11.43 and a 1 year high of $14.10.

BlackRock Limited Duration Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be paid a $0.1132 dividend. This represents a $1.36 annualized dividend and a yield of 11.5%. The ex-dividend date of this dividend is Friday, December 11th.

Hedge Funds Weigh In On BlackRock Limited Duration Income Trust

Large investors have recently bought and sold shares of the company. Leonteq Securities AG purchased a new stake in BlackRock Limited Duration Income Trust in the 1st quarter valued at approximately $75,000. Fifth Third Bancorp acquired a new position in BlackRock Limited Duration Income Trust during the first quarter worth about $177,000. Marin Bay Wealth Advisors LLC acquired a new position in BlackRock Limited Duration Income Trust during the first quarter worth about $204,000. Fortitude Advisory Group L.L.C. increased its holdings in BlackRock Limited Duration Income Trust by 10.9% in the second quarter. Fortitude Advisory Group L.L.C. now owns 16,477 shares of the investment management company’s stock valued at $206,000 after buying an additional 1,624 shares in the last quarter. Finally, CENTRAL TRUST Co purchased a new position in BlackRock Limited Duration Income Trust in the first quarter valued at about $290,000.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE:BLW) is a diversified, closed-end investment company managed by BlackRock Advisors, LLC. The fund seeks to provide current income while preserving capital through a portfolio of fixed-income investments with a limited duration profile.

The fund invests primarily in debt securities issued by governments, corporations and financial institutions, as well as mortgage-backed securities, asset-backed securities and other structured or credit-related instruments.