BlackRock Health Sciences Trust (NYSE:BME) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 14,200 shares, an increase of 189.8% from the September 15th total of 4,900 shares. Based on an average daily volume of 25,900 shares, the days-to-cover ratio is presently 0.5 days.
NYSE BME opened at $46.15 on Thursday. The company has a fifty day simple moving average of $48.22 and a 200 day simple moving average of $48.12. BlackRock Health Sciences Trust has a 12-month low of $41.00 and a 12-month high of $50.94.
The firm also recently declared a monthly dividend, which will be paid on Friday, October 29th. Investors of record on Friday, October 15th will be given a $0.213 dividend. The ex-dividend date is Thursday, October 14th. This represents a $2.56 annualized dividend and a yield of 5.54%. This is an increase from BlackRock Health Sciences Trust’s previous monthly dividend of $0.20.
About BlackRock Health Sciences Trust
BlackRock Health Sciences Trust is a closed-end investment fund. Its investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The company was founded on March 31, 2005 and is headquartered in Wilmington, DE.
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