BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Up 850.6% in March

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 272,137 shares, a growth of 850.6% from the February 26th total of 28,628 shares. Based on an average daily volume of 703,117 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 703,117 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

Hedge funds have recently bought and sold shares of the stock. Keener Financial Planning LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter valued at about $30,000. PNC Financial Services Group Inc. purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the third quarter worth about $49,000. Geneos Wealth Management Inc. boosted its stake in BlackRock ESG Capital Allocation Term Trust by 630.3% during the second quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock valued at $51,000 after buying an additional 2,723 shares during the last quarter. Tucker Asset Management LLC bought a new position in BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at approximately $53,000. Finally, Triumph Capital Management purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the third quarter valued at $62,000.

BlackRock ESG Capital Allocation Term Trust Trading Up 0.4%

BlackRock ESG Capital Allocation Term Trust stock opened at $13.63 on Wednesday. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.35 and a 1 year high of $17.14. The firm’s 50 day moving average price is $15.02 and its 200-day moving average price is $15.71.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.2733 dividend. This represents a c) dividend on an annualized basis and a yield of 24.1%. The ex-dividend date is Monday, June 15th.

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.