BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Short Interest Update

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 343,100 shares, a decline of 5.3% from the November 15th total of 362,200 shares. Based on an average daily trading volume, of 507,800 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On BlackRock Corporate High Yield Fund

Large investors have recently made changes to their positions in the business. Pathway Financial Advisers LLC lifted its stake in BlackRock Corporate High Yield Fund by 950.2% during the third quarter. Pathway Financial Advisers LLC now owns 1,876,286 shares of the investment management company’s stock valued at $187,000 after purchasing an additional 1,697,620 shares during the last quarter. Lake Street Private Wealth LLC lifted its position in shares of BlackRock Corporate High Yield Fund by 0.9% during the 3rd quarter. Lake Street Private Wealth LLC now owns 438,300 shares of the investment management company’s stock valued at $4,409,000 after acquiring an additional 3,800 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of BlackRock Corporate High Yield Fund during the 3rd quarter worth $33,316,000. Cetera Investment Advisers boosted its stake in shares of BlackRock Corporate High Yield Fund by 2.7% during the 2nd quarter. Cetera Investment Advisers now owns 269,937 shares of the investment management company’s stock worth $2,616,000 after acquiring an additional 7,164 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of BlackRock Corporate High Yield Fund by 6.6% in the 3rd quarter. Private Advisor Group LLC now owns 250,503 shares of the investment management company’s stock worth $2,520,000 after acquiring an additional 15,533 shares during the last quarter.

BlackRock Corporate High Yield Fund Stock Performance

Shares of BlackRock Corporate High Yield Fund stock opened at $9.72 on Thursday. The business has a fifty day simple moving average of $9.90 and a 200-day simple moving average of $9.86. BlackRock Corporate High Yield Fund has a fifty-two week low of $9.20 and a fifty-two week high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be issued a $0.0779 dividend. This represents a $0.93 dividend on an annualized basis and a yield of 9.62%. The ex-dividend date is Monday, December 16th.

BlackRock Corporate High Yield Fund Company Profile

BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation.