BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 613,700 shares, an increase of 7.0% from the March 15th total of 573,800 shares. Based on an average daily volume of 91,200 shares, the days-to-cover ratio is presently 6.7 days.
BlackRock Multi-Sector Income Trust Trading Up 1.6 %
BIT opened at $15.18 on Thursday. The business’s fifty day moving average is $15.52 and its two-hundred day moving average is $15.08. BlackRock Multi-Sector Income Trust has a one year low of $13.65 and a one year high of $15.98.
BlackRock Multi-Sector Income Trust Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a $0.124 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.49 annualized dividend and a dividend yield of 9.81%.
Institutional Trading of BlackRock Multi-Sector Income Trust
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.
Featured Articles
- Five stocks we like better than BlackRock Multi-Sector Income Trust
- What is Short Interest? How to Use It
- United Airlines Soars on Earnings Beat
- Canadian Penny Stocks: Can They Make You Rich?
- J.B. Hunt Hits the Skids: Lower Prices to Come
- How to Find Undervalued Stocks
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for BlackRock Multi-Sector Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Multi-Sector Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.