BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT – Get Free Report) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 305,700 shares, a decline of 41.3% from the February 13th total of 520,900 shares. Based on an average daily trading volume, of 593,600 shares, the days-to-cover ratio is presently 0.5 days.
BlackRock Corporate High Yield Fund Trading Down 0.7 %
Shares of HYT opened at $9.61 on Monday. BlackRock Corporate High Yield Fund has a fifty-two week low of $9.21 and a fifty-two week high of $10.47. The stock has a fifty day moving average of $9.82 and a two-hundred day moving average of $9.88.
BlackRock Corporate High Yield Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.0779 per share. The ex-dividend date is Friday, March 14th. This represents a $0.93 annualized dividend and a yield of 9.73%.
Institutional Trading of BlackRock Corporate High Yield Fund
About BlackRock Corporate High Yield Fund
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.
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