BlackRock Core Bond Trust (NYSE:BHK) Short Interest Up 10.0% in September

BlackRock Core Bond Trust (NYSE:BHK) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 771,900 shares, an increase of 10.0% from the August 31st total of 701,800 shares. Based on an average daily volume of 158,500 shares, the short-interest ratio is presently 4.9 days.

BlackRock Core Bond Trust Price Performance

Shares of BlackRock Core Bond Trust stock traded up $0.02 on Tuesday, hitting $12.06. The company’s stock had a trading volume of 127,984 shares, compared to its average volume of 160,566. BlackRock Core Bond Trust has a 1 year low of $9.02 and a 1 year high of $12.10. The firm has a fifty day moving average price of $11.51 and a 200-day moving average price of $10.93.

BlackRock Core Bond Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a $0.0746 dividend. This represents a $0.90 annualized dividend and a yield of 7.43%. The ex-dividend date is Tuesday, October 15th.

Institutional Investors Weigh In On BlackRock Core Bond Trust

Institutional investors have recently bought and sold shares of the company. Private Advisor Group LLC boosted its holdings in BlackRock Core Bond Trust by 6.7% in the 2nd quarter. Private Advisor Group LLC now owns 193,004 shares of the investment management company’s stock worth $2,055,000 after buying an additional 12,059 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings in BlackRock Core Bond Trust by 56.3% in the 1st quarter. Atlantic Union Bankshares Corp now owns 21,136 shares of the investment management company’s stock worth $228,000 after buying an additional 7,615 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in BlackRock Core Bond Trust by 4.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 115,835 shares of the investment management company’s stock worth $1,251,000 after buying an additional 4,632 shares during the last quarter. Sanders Morris Harris LLC acquired a new stake in BlackRock Core Bond Trust in the 1st quarter worth about $151,000. Finally, CreativeOne Wealth LLC boosted its holdings in BlackRock Core Bond Trust by 6.2% in the 1st quarter. CreativeOne Wealth LLC now owns 17,324 shares of the investment management company’s stock worth $187,000 after buying an additional 1,015 shares during the last quarter.

About BlackRock Core Bond Trust

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.