BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,500 shares, an increase of 114.3% from the December 31st total of 700 shares. Based on an average daily trading volume, of 75,900 shares, the short-interest ratio is presently 0.0 days.
BlackRock Investment Quality Municipal Trust Price Performance
NYSE:BKN traded up $0.01 during trading hours on Friday, hitting $11.48. 57,289 shares of the company traded hands, compared to its average volume of 67,882. BlackRock Investment Quality Municipal Trust has a twelve month low of $11.01 and a twelve month high of $13.16. The firm has a 50-day moving average of $11.56 and a 200 day moving average of $12.15.
BlackRock Investment Quality Municipal Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.057 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.68 dividend on an annualized basis and a yield of 5.96%.
Institutional Trading of BlackRock Investment Quality Municipal Trust
BlackRock Investment Quality Municipal Trust Company Profile
BlackRock Investment Quality Municipal Trust 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 invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.
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