Short Interest in BlackRock Limited Duration Income Trust (NYSE:BLW) Drops By 84.9%

BlackRock Limited Duration Income Trust (NYSE:BLW) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 20,576 shares, a decrease of 84.9% from the December 31st total of 136,161 shares. Based on an average daily volume of 117,727 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 117,727 shares, the short-interest ratio is presently 0.2 days.

BlackRock Limited Duration Income Trust Trading Up 0.3%

Shares of BLW stock traded up $0.04 during mid-day trading on Wednesday, reaching $13.78. The stock had a trading volume of 102,341 shares, compared to its average volume of 103,297. BlackRock Limited Duration Income Trust has a 12-month low of $12.48 and a 12-month high of $14.47. The business has a 50-day simple moving average of $13.77 and a 200 day simple moving average of $13.94.

BlackRock Limited Duration Income Trust Announces Dividend

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 issued a dividend of $0.1132 per share. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date is Friday, March 13th.

Institutional Trading of BlackRock Limited Duration Income Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Guggenheim Capital LLC grew its position in shares of BlackRock Limited Duration Income Trust by 8.5% in the second quarter. Guggenheim Capital LLC now owns 825,295 shares of the investment management company’s stock valued at $11,703,000 after purchasing an additional 64,467 shares during the last quarter. UBS Group AG grew its holdings in BlackRock Limited Duration Income Trust by 8.9% during the 3rd quarter. UBS Group AG now owns 649,166 shares of the investment management company’s stock valued at $9,088,000 after buying an additional 52,821 shares during the last quarter. Venture Visionary Partners LLC increased its position in BlackRock Limited Duration Income Trust by 15.0% during the 2nd quarter. Venture Visionary Partners LLC now owns 539,864 shares of the investment management company’s stock worth $7,655,000 after purchasing an additional 70,432 shares in the last quarter. Invesco Ltd. boosted its stake in shares of BlackRock Limited Duration Income Trust by 2.8% during the 3rd quarter. Invesco Ltd. now owns 337,441 shares of the investment management company’s stock worth $4,724,000 after purchasing an additional 9,217 shares during the last quarter. Finally, Blue Zone Wealth Advisors LLC boosted its position in BlackRock Limited Duration Income Trust by 7.7% during the third quarter. Blue Zone Wealth Advisors LLC now owns 333,188 shares of the investment management company’s stock worth $4,665,000 after acquiring an additional 23,730 shares during the last quarter.

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.