Short Interest in BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) Grows By 20.0%

BlackRock Enhanced Government Fund, Inc. (NYSE:EGFGet Free Report) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 2,400 shares, an increase of 20.0% from the February 13th total of 2,000 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is currently 1.0 days.

BlackRock Enhanced Government Fund Trading Up 1.0 %

NYSE:EGF traded up $0.10 during trading hours on Wednesday, reaching $9.80. The company had a trading volume of 6,250 shares, compared to its average volume of 4,104. The firm’s 50 day moving average price is $9.71 and its 200-day moving average price is $9.85. BlackRock Enhanced Government Fund has a 52 week low of $9.05 and a 52 week high of $11.51.

BlackRock Enhanced Government Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.041 per share. This represents a $0.49 dividend on an annualized basis and a yield of 5.02%. The ex-dividend date of this dividend is Friday, March 14th.

Institutional Trading of BlackRock Enhanced Government Fund

An institutional investor recently bought a new position in BlackRock Enhanced Government Fund stock. Transform Wealth LLC purchased a new stake in shares of BlackRock Enhanced Government Fund, Inc. (NYSE:EGFFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,657 shares of the company’s stock, valued at approximately $103,000.

BlackRock Enhanced Government Fund Company Profile

(Get Free Report)

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.

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