BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Update

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CIIGet Rating) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 164,900 shares, a decline of 23.3% from the March 15th total of 214,900 shares. Based on an average trading volume of 116,300 shares, the short-interest ratio is currently 1.4 days.

A number of institutional investors have recently added to or reduced their stakes in CII. Commonwealth Equity Services LLC lifted its position in BlackRock Enhanced Capital and Income Fund by 1.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 51,434 shares of the real estate investment trust’s stock worth $1,038,000 after acquiring an additional 982 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of BlackRock Enhanced Capital and Income Fund by 9.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 18,162 shares of the real estate investment trust’s stock valued at $367,000 after purchasing an additional 1,548 shares in the last quarter. U.S. Capital Wealth Advisors LLC acquired a new position in shares of BlackRock Enhanced Capital and Income Fund in the 3rd quarter valued at approximately $1,703,000. Cambridge Investment Research Advisors Inc. raised its position in shares of BlackRock Enhanced Capital and Income Fund by 9.5% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 102,887 shares of the real estate investment trust’s stock valued at $2,078,000 after purchasing an additional 8,951 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of BlackRock Enhanced Capital and Income Fund by 8.2% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 413,008 shares of the real estate investment trust’s stock valued at $8,343,000 after purchasing an additional 31,467 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund stock traded up $0.03 during midday trading on Monday, hitting $20.16. 325 shares of the company were exchanged, compared to its average volume of 114,164. The company’s fifty day moving average price is $20.31 and its 200-day moving average price is $20.83. BlackRock Enhanced Capital and Income Fund has a fifty-two week low of $18.35 and a fifty-two week high of $22.30.

The business also recently declared a monthly dividend, which will be paid on Friday, April 29th. Investors of record on Thursday, April 14th will be given a dividend of $0.0995 per share. This represents a $1.19 annualized dividend and a yield of 5.92%. The ex-dividend date of this dividend is Wednesday, April 13th.

About BlackRock Enhanced Capital and Income Fund (Get Rating)

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.

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