BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Up 193.8% in October

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 757,800 shares, a growth of 193.8% from the September 30th total of 257,900 shares. Based on an average daily trading volume, of 372,500 shares, the short-interest ratio is currently 2.0 days. Based on an average daily trading volume, of 372,500 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

A number of large investors have recently bought and sold shares of ECAT. Cambridge Investment Research Advisors Inc. boosted its stake in BlackRock ESG Capital Allocation Term Trust by 17.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 13,766 shares of the company’s stock worth $217,000 after purchasing an additional 2,021 shares during the period. D.A. Davidson & CO. boosted its stake in BlackRock ESG Capital Allocation Term Trust by 6.4% during the 1st quarter. D.A. Davidson & CO. now owns 40,488 shares of the company’s stock worth $638,000 after purchasing an additional 2,450 shares during the period. Penserra Capital Management LLC boosted its stake in BlackRock ESG Capital Allocation Term Trust by 8.7% during the 1st quarter. Penserra Capital Management LLC now owns 1,054,779 shares of the company’s stock worth $16,633,000 after purchasing an additional 84,461 shares during the period. Whittier Trust Co. of Nevada Inc. acquired a new stake in BlackRock ESG Capital Allocation Term Trust during the 1st quarter worth $57,000. Finally, Private Advisor Group LLC lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 12.0% in the 1st quarter. Private Advisor Group LLC now owns 12,156 shares of the company’s stock worth $192,000 after acquiring an additional 1,307 shares during the period.

BlackRock ESG Capital Allocation Term Trust Trading Down 0.5%

Shares of NYSE:ECAT opened at $16.53 on Thursday. The firm has a fifty day moving average price of $16.46 and a 200 day moving average price of $16.11. BlackRock ESG Capital Allocation Term Trust has a 1-year low of $13.35 and a 1-year high of $17.91.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be paid a dividend of $0.2848 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 20.7%.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.