Short Interest in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Expands By 8.1%

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 137,200 shares, an increase of 8.1% from the October 15th total of 126,900 shares. Based on an average daily volume of 154,700 shares, the days-to-cover ratio is presently 0.9 days.

BlackRock Enhanced Global Dividend Trust Trading Up 1.2 %

BOE opened at $11.31 on Tuesday. The business’s 50-day moving average is $11.22 and its two-hundred day moving average is $10.86. BlackRock Enhanced Global Dividend Trust has a 1 year low of $9.72 and a 1 year high of $11.47.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.063 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.76 annualized dividend and a yield of 6.68%.

Institutional Investors Weigh In On BlackRock Enhanced Global Dividend Trust

A number of large investors have recently modified their holdings of BOE. Pinnacle Wealth Planning Services Inc. boosted its position in BlackRock Enhanced Global Dividend Trust by 8.7% in the first quarter. Pinnacle Wealth Planning Services Inc. now owns 12,306 shares of the financial services provider’s stock valued at $129,000 after buying an additional 982 shares during the last quarter. Meridian Wealth Management LLC acquired a new position in BlackRock Enhanced Global Dividend Trust during the third quarter worth $138,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of BlackRock Enhanced Global Dividend Trust during the 3rd quarter worth about $143,000. Rockefeller Capital Management L.P. purchased a new position in shares of BlackRock Enhanced Global Dividend Trust in the third quarter valued at approximately $201,000. Finally, Integrated Capital Management Inc. lifted its holdings in BlackRock Enhanced Global Dividend Trust by 8.5% in the 2nd quarter. Integrated Capital Management Inc. now owns 19,780 shares of the financial services provider’s stock valued at $210,000 after purchasing an additional 1,546 shares in the last quarter.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.