BlackRock Limited Duration Income Trust (NYSE:BLW) Sees Significant Decline in Short Interest

BlackRock Limited Duration Income Trust (NYSE:BLW) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 191,200 shares, a decrease of 5.6% from the August 31st total of 202,500 shares. Based on an average trading volume of 103,100 shares, the short-interest ratio is presently 1.9 days.

Institutional Trading of BlackRock Limited Duration Income Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Luken Investment Analytics LLC purchased a new position in shares of BlackRock Limited Duration Income Trust during the 2nd quarter valued at approximately $35,000. Virtu Financial LLC acquired a new stake in shares of BlackRock Limited Duration Income Trust in the first quarter valued at about $165,000. Concurrent Investment Advisors LLC acquired a new stake in shares of BlackRock Limited Duration Income Trust in the second quarter valued at about $210,000. Nomura Holdings Inc. purchased a new stake in shares of BlackRock Limited Duration Income Trust during the fourth quarter worth about $211,000. Finally, LM Advisors LLC acquired a new position in shares of BlackRock Limited Duration Income Trust during the 4th quarter worth about $256,000.

BlackRock Limited Duration Income Trust Stock Performance

NYSE:BLW opened at $14.50 on Wednesday. BlackRock Limited Duration Income Trust has a 52 week low of $12.35 and a 52 week high of $14.63. The stock’s 50-day moving average price is $14.29 and its 200-day moving average price is $13.98.

BlackRock Limited Duration Income Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a $0.1132 dividend. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. This represents a $1.36 annualized dividend and a yield of 9.37%. The ex-dividend date of this dividend is Tuesday, October 15th.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.