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

Posted by Mitch Edgeman on Feb 15th, 2025

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT – Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 32,300 shares, a decline of 51.1% from the January 15th total of 66,100 shares. Based on an average daily volume of 283,700 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On BlackRock ESG Capital Allocation Term Trust

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

BlackRock ESG Capital Allocation Term Trust Price Performance

BlackRock ESG Capital Allocation Term Trust stock opened at $16.79 on Friday. The firm has a fifty day simple moving average of $16.81 and a two-hundred 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 company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.307 per share. This represents a $3.68 annualized dividend and a dividend yield of 21.95%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock ESG Capital Allocation Term Trust Company Profile

(Get Free Report)

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.