BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Down 50.9% in January

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 47,017 shares, a decline of 50.9% from the January 15th total of 95,786 shares. Based on an average daily volume of 466,058 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 466,058 shares, the short-interest ratio is presently 0.1 days.

BlackRock ESG Capital Allocation Term Trust Stock Performance

ECAT stock traded down $0.18 during mid-day trading on Friday, hitting $15.22. The company had a trading volume of 562,455 shares, compared to its average volume of 524,201. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $13.35 and a 12 month high of $17.14. The stock’s fifty day moving average price is $15.60 and its two-hundred day moving average price is $16.08.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a $0.277 dividend. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a yield of 21.8%.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

A number of large investors have recently bought and sold shares of the company. Keener Financial Planning LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter valued at $30,000. PNC Financial Services Group Inc. purchased a new stake in BlackRock ESG Capital Allocation Term Trust during the third quarter valued at about $49,000. Geneos Wealth Management Inc. boosted its position in BlackRock ESG Capital Allocation Term Trust by 630.3% during the second quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock worth $51,000 after purchasing an additional 2,723 shares during the period. Tucker Asset Management LLC bought a new position in BlackRock ESG Capital Allocation Term Trust during the fourth quarter worth about $53,000. Finally, Triumph Capital Management purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the third quarter worth about $62,000.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.