BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Shares Shorted: Short Interest Up 151.9% in September

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 341,659 shares, a growth of 151.9% from the August 31st total of 135,617 shares. Based on an average daily volume of 708,146 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

Several large investors have recently added to or reduced their stakes in ECAT. RFG Advisory LLC raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 76.9% during the first quarter. RFG Advisory LLC now owns 105,805 shares of the company’s stock worth $1,437,000 after purchasing an additional 45,990 shares during the last quarter. Aviance Capital Partners LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust during the 1st quarter worth about $553,000. Wealth Effects LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust during the 1st quarter worth about $520,000. Kestra Advisory Services LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 1st quarter valued at about $359,000. Finally, Mason & Associates Inc lifted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 7.6% in the 2nd quarter. Mason & Associates Inc now owns 357,593 shares of the company’s stock valued at $5,621,000 after buying an additional 25,389 shares during the period.

BlackRock ESG Capital Allocation Term Trust Trading Down 0.8%

Shares of NYSE ECAT traded down $0.11 during midday trading on Monday, reaching $13.96. The company had a trading volume of 574,479 shares, compared to its average volume of 529,456. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.36 and a 1 year high of $16.73. The business’s 50-day simple moving average is $15.11 and its 200 day simple moving average is $15.02.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be paid a $0.2644 dividend. The ex-dividend date is Friday, December 11th. This represents a $3.17 dividend on an annualized basis and a yield of 22.7%.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a non-diversified, closed-end management investment company advised by BlackRock Advisors, LLC. The fund seeks to provide total return through a combination of current income, current gains and long-term capital appreciation.

ECAT invests in a portfolio of equity and fixed-income securities issued by companies and governments in the United States and other countries. Its portfolio may include common stocks, preferred securities, corporate bonds, government and agency securities, and other income-producing investments.