BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Update

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 135,617 shares, a decline of 59.2% from the August 15th total of 332,377 shares. Based on an average trading volume of 418,680 shares, the short-interest ratio is presently 0.3 days.

BlackRock ESG Capital Allocation Term Trust Stock Performance

Shares of NYSE ECAT opened at $14.77 on Friday. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $13.36 and a 12 month high of $16.84. The firm has a fifty day simple moving average of $15.41 and a two-hundred day simple moving average of $15.07.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be given a dividend of $0.2644 per share. This represents a c) dividend on an annualized basis and a yield of 21.5%. The ex-dividend date of this dividend is Friday, December 11th.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

A number of hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada raised its holdings in BlackRock ESG Capital Allocation Term Trust by 0.8% in the 1st quarter. Royal Bank of Canada now owns 1,223,160 shares of the company’s stock worth $16,611,000 after acquiring an additional 9,985 shares during the last quarter. Invesco Ltd. boosted its stake in BlackRock ESG Capital Allocation Term Trust by 0.3% during the 3rd quarter. Invesco Ltd. now owns 1,072,318 shares of the company’s stock valued at $17,586,000 after purchasing an additional 3,204 shares during the last quarter. Bank of America Corp DE boosted its stake in BlackRock ESG Capital Allocation Term Trust by 0.5% during the 1st quarter. Bank of America Corp DE now owns 785,898 shares of the company’s stock valued at $10,672,000 after purchasing an additional 3,985 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 8.5% in the 4th quarter. Advisors Asset Management Inc. now owns 580,695 shares of the company’s stock worth $8,931,000 after purchasing an additional 45,612 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 19.5% in the 4th quarter. Wells Fargo & Company MN now owns 564,585 shares of the company’s stock worth $8,683,000 after purchasing an additional 92,094 shares in the last quarter.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.