BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Short Interest Update

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 126,475 shares, a decrease of 54.0% from the December 15th total of 274,733 shares. Based on an average daily trading volume, of 437,683 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 437,683 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ECAT. Keener Financial Planning LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $30,000. PNC Financial Services Group Inc. acquired a new position in BlackRock ESG Capital Allocation Term Trust during the third quarter worth approximately $49,000. Geneos Wealth Management Inc. increased its position in BlackRock ESG Capital Allocation Term Trust by 630.3% during the second quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock worth $51,000 after purchasing an additional 2,723 shares during the last quarter. Triumph Capital Management purchased a new position in BlackRock ESG Capital Allocation Term Trust during the third quarter worth approximately $62,000. Finally, Mather Group LLC. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at $75,000.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.5%

ECAT stock traded down $0.09 during midday trading on Wednesday, hitting $15.89. The stock had a trading volume of 336,399 shares, compared to its average volume of 448,414. The company’s 50-day moving average price is $15.77 and its 200 day moving average price is $16.19. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.35 and a 12-month high of $17.16.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a $0.277 dividend. This represents a c) annualized dividend and a yield of 20.9%. The ex-dividend date is Friday, March 13th.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.