Short Interest in BlackRock Limited Duration Income Trust (NYSE:BLW) Rises By 30.5%

BlackRock Limited Duration Income Trust (NYSE:BLW) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 267,100 shares, an increase of 30.5% from the October 15th total of 204,700 shares. Based on an average daily volume of 101,500 shares, the short-interest ratio is presently 2.6 days.

Institutional Trading of BlackRock Limited Duration Income Trust

A number of institutional investors have recently bought and sold shares of the business. Prospera Financial Services Inc lifted its stake in shares of BlackRock Limited Duration Income Trust by 18.7% in the 3rd quarter. Prospera Financial Services Inc now owns 12,298 shares of the investment management company’s stock valued at $178,000 after purchasing an additional 1,939 shares during the period. Principal Securities Inc. lifted its stake in BlackRock Limited Duration Income Trust by 95.3% in the third quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock valued at $3,097,000 after buying an additional 104,388 shares during the period. Consolidated Portfolio Review Corp boosted its holdings in BlackRock Limited Duration Income Trust by 3.3% during the third quarter. Consolidated Portfolio Review Corp now owns 27,435 shares of the investment management company’s stock worth $397,000 after buying an additional 876 shares during the last quarter. Annex Advisory Services LLC acquired a new position in shares of BlackRock Limited Duration Income Trust during the 3rd quarter worth about $223,000. Finally, Luken Investment Analytics LLC bought a new stake in shares of BlackRock Limited Duration Income Trust in the 2nd quarter valued at about $35,000.

BlackRock Limited Duration Income Trust Stock Down 0.1 %

Shares of NYSE BLW opened at $14.19 on Friday. BlackRock Limited Duration Income Trust has a 1 year low of $12.85 and a 1 year high of $14.63. The firm’s 50-day moving average is $14.38 and its 200-day moving average is $14.11.

BlackRock Limited Duration Income Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.1132 dividend. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. This represents a $1.36 dividend on an annualized basis and a yield of 9.57%.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.