BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) Short Interest Update

BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 2,600 shares, an increase of 116.7% from the December 31st total of 1,200 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is currently 1.0 days.

BlackRock Enhanced Government Fund Price Performance

Shares of NYSE:EGF traded down $0.09 during trading on Wednesday, hitting $9.79. 768 shares of the stock were exchanged, compared to its average volume of 1,786. BlackRock Enhanced Government Fund has a 12-month low of $9.05 and a 12-month high of $11.51. The company has a fifty day moving average price of $9.85 and a two-hundred day moving average price of $9.85.

BlackRock Enhanced Government Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a $0.041 dividend. This represents a $0.49 annualized dividend and a yield of 5.03%. The ex-dividend date of this dividend is Wednesday, January 15th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BlackRock Enhanced Government Fund stock. Transform Wealth LLC acquired a new position in shares of BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,657 shares of the company’s stock, valued at approximately $103,000.

BlackRock Enhanced Government Fund Company Profile

BlackRock Enhanced Government Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S.