Short Interest in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Drops By 51.1%

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 32,300 shares, a decrease of 51.1% from the January 15th total of 66,100 shares. Based on an average trading volume of 283,700 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On BlackRock ESG Capital Allocation Term Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new position in BlackRock ESG Capital Allocation Term Trust in the third quarter worth $27,000. IFP Advisors Inc bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth about $36,000. Fifth Third Bancorp acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter valued at about $74,000. Private Advisor Group LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at about $178,000. Finally, Two Sigma Securities LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth about $194,000.

BlackRock ESG Capital Allocation Term Trust Price Performance

NYSE ECAT opened at $16.79 on Friday. The stock has a 50-day simple moving average of $16.81 and a 200 day simple moving average of $17.18. BlackRock ESG Capital Allocation Term Trust has a twelve month low of $15.95 and a twelve month high of $18.14.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.307 per share. The ex-dividend date is Friday, February 14th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 21.95%.

BlackRock ESG Capital Allocation Term Trust Company Profile

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.