BlackRock Limited Duration Income Trust (NYSE:BLW) Stock Short Interest Report for October

BlackRock Limited Duration Income Trust (NYSE:BLW) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 30,283 shares, a decline of 84.3% from the October 15th total of 193,187 shares. Based on an average daily trading volume, of 153,435 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of BlackRock Limited Duration Income Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Bank & Trust purchased a new stake in BlackRock Limited Duration Income Trust in the 3rd quarter worth approximately $119,000. Fifth Third Bancorp purchased a new stake in shares of BlackRock Limited Duration Income Trust in the first quarter worth $177,000. Marin Bay Wealth Advisors LLC purchased a new stake in shares of BlackRock Limited Duration Income Trust in the first quarter worth $204,000. Fortitude Advisory Group L.L.C. raised its position in shares of BlackRock Limited Duration Income Trust by 10.9% in the second quarter. Fortitude Advisory Group L.L.C. now owns 16,477 shares of the investment management company’s stock worth $206,000 after buying an additional 1,624 shares in the last quarter. Finally, Chicago Partners Investment Group LLC bought a new stake in BlackRock Limited Duration Income Trust during the third quarter valued at $203,000.

BlackRock Limited Duration Income Trust Trading Down 0.9%

Shares of BLW traded down $0.10 during midday trading on Thursday, hitting $11.55. 82,647 shares of the company traded hands, compared to its average volume of 153,320. The stock has a 50-day moving average of $11.82 and a 200-day moving average of $12.58. BlackRock Limited Duration Income Trust has a one year low of $11.35 and a one year high of $14.08.

BlackRock Limited Duration Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be paid a dividend of $0.1132 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $1.36 annualized dividend and a yield of 11.8%.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide current income while maintaining a relatively limited portfolio duration. The trust invests primarily in a diversified portfolio of fixed-income securities, which may include corporate bonds, bank loans, mortgage-related securities, asset-backed securities and other debt instruments. Because it is designed for limited duration, the trust generally emphasizes debt investments with shorter or intermediate maturities to help manage sensitivity to changes in interest rates.