BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Up 231.7% in January

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 83,600 shares, a growth of 231.7% from the December 31st total of 25,200 shares. Based on an average daily trading volume, of 119,200 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of BlackRock Enhanced Capital and Income Fund

Several large investors have recently modified their holdings of CII. Sanctuary Advisors LLC lifted its position in shares of BlackRock Enhanced Capital and Income Fund by 28.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,314 shares of the real estate investment trust’s stock valued at $302,000 after acquiring an additional 3,397 shares during the period. Stifel Financial Corp raised its holdings in shares of BlackRock Enhanced Capital and Income Fund by 4.0% during the third quarter. Stifel Financial Corp now owns 43,171 shares of the real estate investment trust’s stock valued at $850,000 after purchasing an additional 1,677 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of BlackRock Enhanced Capital and Income Fund by 89.3% during the third quarter. Janney Montgomery Scott LLC now owns 46,342 shares of the real estate investment trust’s stock valued at $912,000 after purchasing an additional 21,861 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in shares of BlackRock Enhanced Capital and Income Fund by 8.3% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 48,759 shares of the real estate investment trust’s stock worth $975,000 after purchasing an additional 3,733 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of BlackRock Enhanced Capital and Income Fund by 12.1% in the 2nd quarter. Cetera Investment Advisers now owns 68,662 shares of the real estate investment trust’s stock valued at $1,373,000 after buying an additional 7,420 shares during the period.

BlackRock Enhanced Capital and Income Fund Stock Down 0.2 %

Shares of NYSE:CII traded down $0.05 during midday trading on Wednesday, reaching $20.68. The company’s stock had a trading volume of 46,997 shares, compared to its average volume of 97,126. BlackRock Enhanced Capital and Income Fund has a fifty-two week low of $17.57 and a fifty-two week high of $21.14. The firm has a 50 day moving average price of $20.26 and a two-hundred day moving average price of $19.73.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.141 per share. This represents a $1.69 dividend on an annualized basis and a dividend yield of 8.18%. The ex-dividend date is Wednesday, January 15th.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.