BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Short Interest Up 900.0% in October

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 26,000 shares, an increase of 900.0% from the September 30th total of 2,600 shares. Based on an average daily volume of 114,900 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of BlackRock Enhanced Capital and Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of CII. Cornerstone Advisors LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter valued at about $4,090,000. International Assets Investment Management LLC bought a new position in BlackRock Enhanced Capital and Income Fund during the third quarter valued at approximately $22,420,000. Wolverine Asset Management LLC grew its holdings in BlackRock Enhanced Capital and Income Fund by 72.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 126,193 shares of the real estate investment trust’s stock valued at $2,523,000 after buying an additional 53,155 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in BlackRock Enhanced Capital and Income Fund by 15.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 270,393 shares of the real estate investment trust’s stock worth $5,405,000 after acquiring an additional 35,449 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in shares of BlackRock Enhanced Capital and Income Fund by 173.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 54,050 shares of the real estate investment trust’s stock worth $1,053,000 after acquiring an additional 34,301 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Trading Down 0.2 %

CII stock traded down $0.04 during midday trading on Friday, hitting $19.63. The company’s stock had a trading volume of 57,120 shares, compared to its average volume of 90,491. BlackRock Enhanced Capital and Income Fund has a 12 month low of $16.76 and a 12 month high of $20.40. The company has a 50 day moving average of $19.50 and a two-hundred day moving average of $19.37.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.0995 per share. The ex-dividend date is Tuesday, October 15th. This represents a $1.19 annualized dividend and a yield of 6.08%.

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.