BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Update

BlackRock Limited Duration Income Trust (NYSE:BLW) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 9,805 shares, a growth of 97.8% from the May 14th total of 4,958 shares. Based on an average daily trading volume, of 141,838 shares, the short-interest ratio is currently 0.1 days.

BlackRock Limited Duration Income Trust Trading Down 0.5%

NYSE:BLW traded down $0.06 during mid-day trading on Monday, reaching $12.26. The stock had a trading volume of 80,348 shares, compared to its average volume of 127,207. The business’s 50 day moving average is $12.58 and its 200 day moving average is $13.21. BlackRock Limited Duration Income Trust has a fifty-two week low of $12.06 and a fifty-two week high of $14.30.

BlackRock Limited Duration Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.1132 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 11.1%.

Hedge Funds Weigh In On BlackRock Limited Duration Income Trust

Hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP increased its holdings in BlackRock Limited Duration Income Trust by 62.6% in the fourth quarter. Allworth Financial LP now owns 2,146 shares of the investment management company’s stock worth $29,000 after buying an additional 826 shares during the last quarter. Leonteq Securities AG acquired a new position in BlackRock Limited Duration Income Trust in the first quarter worth approximately $75,000. Readystate Asset Management LP acquired a new position in BlackRock Limited Duration Income Trust during the third quarter valued at approximately $150,000. Delta Financial Advisors LLC acquired a new position in BlackRock Limited Duration Income Trust during the fourth quarter valued at approximately $174,000. Finally, Fifth Third Bancorp acquired a new position in BlackRock Limited Duration Income Trust during the first quarter valued at approximately $177,000.

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.