BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Down 66.7% in March

BlackRock Limited Duration Income Trust (NYSE:BLWGet Rating) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 13,100 shares, a decrease of 66.7% from the March 15th total of 39,300 shares. Based on an average trading volume of 137,500 shares, the days-to-cover ratio is currently 0.1 days.

BLW stock opened at $13.90 on Friday. The company’s 50-day moving average is $14.31 and its 200-day moving average is $15.80. BlackRock Limited Duration Income Trust has a 1 year low of $13.60 and a 1 year high of $17.64.

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 29th. Stockholders of record on Thursday, April 14th will be issued a dividend of $0.098 per share. The ex-dividend date is Wednesday, April 13th. This represents a $1.18 annualized dividend and a dividend yield of 8.46%.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Citigroup Inc. bought a new stake in BlackRock Limited Duration Income Trust during the 3rd quarter valued at $33,000. Spire Wealth Management purchased a new position in shares of BlackRock Limited Duration Income Trust during the third quarter valued at approximately $46,000. Missouri Trust & Investment Co bought a new stake in BlackRock Limited Duration Income Trust during the fourth quarter worth $53,000. Strategic Asset Management LLC purchased a new stake in BlackRock Limited Duration Income Trust in the 3rd quarter valued at $55,000. Finally, Confluence Wealth Services Inc. purchased a new stake in BlackRock Limited Duration Income Trust in the 4th quarter valued at $145,000.

About BlackRock Limited Duration Income Trust (Get Rating)

BlackRock Ltd. Duration Income Trust is a closed-end investment fund. Its investment objective is to provide current income and capital appreciation. The company was founded on July 13, 2003 and is headquartered in Wilmington, DE.

Featured Stories

Receive News & Ratings for BlackRock Limited Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Limited Duration Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.