BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Update

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 132,501 shares, a drop of 52.2% from the May 14th total of 277,370 shares. Based on an average daily volume of 459,974 shares, the short-interest ratio is currently 0.3 days.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.5%

Shares of NYSE ECAT traded down $0.08 during trading on Monday, hitting $15.46. 350,230 shares of the company were exchanged, compared to its average volume of 539,357. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.36 and a 12-month high of $17.14. The company has a fifty day moving average price of $15.05 and a 200-day moving average price of $15.14.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.2688 per share. This represents a c) annualized dividend and a dividend yield of 20.9%. The ex-dividend date is Tuesday, September 15th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Wolverine Asset Management LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth $1,313,000. RFG Advisory LLC acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth about $920,000. Wedbush Securities Inc. increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 102.3% during the 3rd quarter. Wedbush Securities Inc. now owns 88,059 shares of the company’s stock worth $1,444,000 after purchasing an additional 44,524 shares during the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $746,000. Finally, Alpine Global Management LLC acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $2,460,000.

About BlackRock ESG Capital Allocation Term Trust

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.