BlackRock Enhanced International Dividend Trust (NYSE:BGY) Short Interest Down 58.7% in April

BlackRock Enhanced International Dividend Trust (NYSE:BGY) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 35,500 shares, a decrease of 58.7% from the March 31st total of 85,900 shares. Based on an average trading volume of 202,800 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Shaker Financial Services LLC lifted its stake in shares of BlackRock Enhanced International Dividend Trust by 103.2% in the third quarter. Shaker Financial Services LLC now owns 116,055 shares of the investment management company’s stock worth $579,000 after buying an additional 58,955 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in BlackRock Enhanced International Dividend Trust by 4.4% in the third quarter. Janney Montgomery Scott LLC now owns 61,582 shares of the investment management company’s stock valued at $307,000 after buying an additional 2,600 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in BlackRock Enhanced International Dividend Trust by 2.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,231,563 shares of the investment management company’s stock worth $53,920,000 after buying an additional 202,688 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of BlackRock Enhanced International Dividend Trust by 3.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 161,358 shares of the investment management company’s stock worth $850,000 after buying an additional 5,434 shares in the last quarter. Finally, RiverFront Investment Group LLC acquired a new stake in shares of BlackRock Enhanced International Dividend Trust during the third quarter worth approximately $50,000.

BlackRock Enhanced International Dividend Trust Trading Up 1.0 %

BGY traded up $0.05 during trading on Friday, reaching $5.29. The company had a trading volume of 88,715 shares, compared to its average volume of 207,077. The firm’s 50-day simple moving average is $5.36 and its 200 day simple moving average is $5.22. BlackRock Enhanced International Dividend Trust has a 12-month low of $4.68 and a 12-month high of $5.66.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a dividend of $0.034 per share. This represents a $0.41 annualized dividend and a yield of 7.71%. The ex-dividend date is Friday, April 12th.

About BlackRock Enhanced International Dividend Trust

BlackRock Enhanced International 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 excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.