BlackRock Limited Duration Income Trust (NYSE:BLW) Shares Shorted: Short Interest Down 88.1% in September

BlackRock Limited Duration Income Trust (NYSE:BLW) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 28,432 shares, a drop of 88.1% from the September 15th total of 239,297 shares. Based on an average daily trading volume, of 291,898 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of BlackRock Limited Duration Income Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Venture Visionary Partners LLC lifted its position in shares of BlackRock Limited Duration Income Trust by 4.4% during the third quarter. Venture Visionary Partners LLC now owns 291,592 shares of the investment management company’s stock worth $3,350,000 after purchasing an additional 12,257 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of BlackRock Limited Duration Income Trust in the second quarter valued at approximately $330,000. Readystate Asset Management LP purchased a new stake in BlackRock Limited Duration Income Trust during the 2nd quarter worth approximately $642,000. Fortitude Advisory Group L.L.C. increased its stake in BlackRock Limited Duration Income Trust by 10.9% during the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 16,477 shares of the investment management company’s stock worth $206,000 after buying an additional 1,624 shares during the period. Finally, Royal Bank of Canada lifted its holdings in BlackRock Limited Duration Income Trust by 2.9% during the 1st quarter. Royal Bank of Canada now owns 181,162 shares of the investment management company’s stock worth $2,281,000 after buying an additional 5,191 shares in the last quarter.

BlackRock Limited Duration Income Trust Trading Up 0.6%

Shares of NYSE BLW traded up $0.07 during trading on Friday, reaching $11.85. The stock had a trading volume of 145,956 shares, compared to its average volume of 149,704. BlackRock Limited Duration Income Trust has a fifty-two week low of $11.43 and a fifty-two week high of $14.10. The business’s 50-day moving average price is $12.31 and its 200-day moving average price is $12.47.

BlackRock Limited Duration Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be issued a dividend of $0.1132 per share. This represents a $1.36 dividend on an annualized basis and a yield of 11.5%. The ex-dividend date is Friday, December 11th.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE:BLW) is a diversified, closed-end investment company managed by BlackRock Advisors, LLC. The fund seeks to provide current income while preserving capital through a portfolio of fixed-income investments with a limited duration profile.

The fund invests primarily in debt securities issued by governments, corporations and financial institutions, as well as mortgage-backed securities, asset-backed securities and other structured or credit-related instruments.