BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) Short Interest Update

BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 2,600 shares, an increase of 116.7% from the December 15th total of 1,200 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On BlackRock Enhanced Government Fund

A hedge fund recently raised its stake in BlackRock Enhanced Government Fund stock. Fiera Capital Corp raised its stake in BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,486 shares of the company’s stock after purchasing an additional 4,090 shares during the quarter. Fiera Capital Corp’s holdings in BlackRock Enhanced Government Fund were worth $1,185,000 at the end of the most recent quarter.

BlackRock Enhanced Government Fund Stock Performance

Shares of EGF traded down $0.02 on Thursday, hitting $9.54. 956 shares of the stock traded hands, compared to its average volume of 2,128. BlackRock Enhanced Government Fund has a 1 year low of $9.05 and a 1 year high of $11.51. The stock’s 50 day moving average is $9.88 and its two-hundred day moving average is $9.83.

BlackRock Enhanced Government Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.041 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.49 annualized dividend and a dividend yield of 5.16%.

About BlackRock Enhanced Government Fund

BlackRock Enhanced Government Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S.