BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Up 178.9% in February

BlackRock Limited Duration Income Trust (NYSE:BLW) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 327,696 shares, a growth of 178.9% from the January 29th total of 117,485 shares. Based on an average daily volume of 89,696 shares, the days-to-cover ratio is presently 3.7 days. Based on an average daily volume of 89,696 shares, the days-to-cover ratio is presently 3.7 days.

Institutional Investors Weigh In On BlackRock Limited Duration Income Trust

Hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in shares of BlackRock Limited Duration Income Trust by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 145,410 shares of the investment management company’s stock worth $2,062,000 after acquiring an additional 4,950 shares during the last quarter. NewEdge Wealth LLC bought a new stake in BlackRock Limited Duration Income Trust in the 3rd quarter valued at $1,972,000. Guggenheim Capital LLC grew its position in BlackRock Limited Duration Income Trust by 8.5% in the 2nd quarter. Guggenheim Capital LLC now owns 825,295 shares of the investment management company’s stock worth $11,703,000 after purchasing an additional 64,467 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of BlackRock Limited Duration Income Trust by 13.3% during the 2nd quarter. Cetera Investment Advisers now owns 67,743 shares of the investment management company’s stock worth $961,000 after purchasing an additional 7,969 shares during the period. Finally, Wealth Alliance LLC raised its position in shares of BlackRock Limited Duration Income Trust by 2.0% during the second quarter. Wealth Alliance LLC now owns 55,701 shares of the investment management company’s stock valued at $790,000 after buying an additional 1,089 shares during the last quarter.

BlackRock Limited Duration Income Trust Trading Down 0.1%

NYSE:BLW traded down $0.01 during mid-day trading on Friday, reaching $13.65. The stock had a trading volume of 89,794 shares, compared to its average volume of 94,056. The business’s 50 day moving average is $13.74 and its 200 day moving average is $13.89. BlackRock Limited Duration Income Trust has a fifty-two week low of $12.48 and a fifty-two week high of $14.47.

BlackRock Limited Duration Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.1132 per share. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date is Friday, March 13th.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.