BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Update

BlackRock Limited Duration Income Trust (NYSE:BLW) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 9,805 shares, an increase of 97.8% from the May 14th total of 4,958 shares. Based on an average trading volume of 141,838 shares, the short-interest ratio is currently 0.1 days.

BlackRock Limited Duration Income Trust Trading Up 0.1%

Shares of NYSE:BLW traded up $0.01 during midday trading on Friday, reaching $12.33. 92,103 shares of the company were exchanged, compared to its average volume of 127,625. BlackRock Limited Duration Income Trust has a fifty-two week low of $12.06 and a fifty-two week high of $14.30. The stock has a fifty day simple moving average of $12.59 and a two-hundred day simple moving average of $13.22.

BlackRock Limited Duration Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.1132 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date is Tuesday, September 15th.

Institutional Investors Weigh In On BlackRock Limited Duration Income Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in BLW. Allworth Financial LP raised its holdings in shares of BlackRock Limited Duration Income Trust by 62.6% during the fourth quarter. Allworth Financial LP now owns 2,146 shares of the investment management company’s stock worth $29,000 after acquiring an additional 826 shares during the period. Leonteq Securities AG acquired a new stake in shares of BlackRock Limited Duration Income Trust during the first quarter worth $75,000. Readystate Asset Management LP acquired a new stake in shares of BlackRock Limited Duration Income Trust during the third quarter worth $150,000. Delta Financial Advisors LLC acquired a new stake in shares of BlackRock Limited Duration Income Trust during the fourth quarter worth $174,000. Finally, Fifth Third Bancorp acquired a new stake in shares of BlackRock Limited Duration Income Trust during the first quarter worth $177,000.

BlackRock Limited Duration Income Trust Company Profile

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.