BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Rating) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 53,900 shares, an increase of 180.7% from the March 15th total of 19,200 shares. Based on an average trading volume of 261,600 shares, the short-interest ratio is currently 0.2 days.
BlackRock Taxable Municipal Bond Trust stock opened at $20.19 on Thursday. The stock’s fifty day moving average price is $21.95 and its two-hundred day moving average price is $24.25. BlackRock Taxable Municipal Bond Trust has a one year low of $19.82 and a one year high of $27.12.
The business also recently disclosed a monthly dividend, which will be paid on Friday, April 29th. Shareholders of record on Thursday, April 14th will be paid a dividend of $0.123 per share. The ex-dividend date is Wednesday, April 13th. This represents a $1.48 dividend on an annualized basis and a yield of 7.31%.
BlackRock Taxable Municipal Bond Trust Company Profile (Get Rating)
BlackRock Taxable Municipal Bond Trust is a non-diversified and closed-end management investment company. Its primary investment objective is to seek high current income, with a secondary objective of capital appreciation. The trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities known as Build America Bonds.
- Get a free copy of the StockNews.com research report on BlackRock Taxable Municipal Bond Trust (BBN)
- OrganiGram’s Turnaround Begins To Blossom
- Three Dividend Stocks With Growth Potential
- Exelon Stock Still Has Extraordinary Upside
- Ross Stores On The Verge Of Major Rally
- Greenbrier Companies Stock has Green in its Future
Receive News & Ratings for BlackRock Taxable Municipal Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Taxable Municipal Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.