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

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 95,786 shares, a decrease of 24.3% from the December 31st total of 126,475 shares. Based on an average daily trading volume, of 442,856 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 442,856 shares, the days-to-cover ratio is presently 0.2 days.

BlackRock ESG Capital Allocation Term Trust Trading Down 0.8%

Shares of BlackRock ESG Capital Allocation Term Trust stock traded down $0.12 on Tuesday, hitting $15.37. 868,655 shares of the company traded hands, compared to its average volume of 481,593. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.35 and a 12-month high of $17.16. The company has a 50-day moving average price of $15.69 and a 200 day moving average price of $16.13.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.277 per share. This represents a c) annualized dividend and a yield of 21.6%. The ex-dividend date of this dividend is Friday, March 13th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ECAT. Jane Street Group LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the first quarter valued at about $340,000. Ameritas Advisory Services LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the 2nd quarter valued at approximately $84,000. Shaker Financial Services LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the 2nd quarter valued at approximately $615,000. Wedbush Securities Inc. grew its holdings in BlackRock ESG Capital Allocation Term Trust by 36.3% in the 2nd quarter. Wedbush Securities Inc. now owns 43,535 shares of the company’s stock valued at $699,000 after buying an additional 11,591 shares during the last quarter. Finally, Penserra Capital Management LLC increased its position in BlackRock ESG Capital Allocation Term Trust by 3.0% in the 2nd quarter. Penserra Capital Management LLC now owns 1,086,882 shares of the company’s stock worth $17,455,000 after buying an additional 32,103 shares during the period.

BlackRock ESG Capital Allocation Term Trust Company Profile

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.