BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Update

BlackRock Limited Duration Income Trust (NYSE:BLW) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 20,576 shares, a decline of 84.9% from the December 31st total of 136,161 shares. Based on an average daily volume of 117,727 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 117,727 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of BlackRock Limited Duration Income Trust

Institutional investors have recently modified their holdings of the stock. Newbridge Financial Services Group Inc. purchased a new position in BlackRock Limited Duration Income Trust during the second quarter worth about $42,000. Readystate Asset Management LP purchased a new stake in BlackRock Limited Duration Income Trust during the 3rd quarter worth approximately $150,000. Moloney Securities Asset Management LLC purchased a new stake in shares of BlackRock Limited Duration Income Trust during the third quarter worth $154,000. Samalin Investment Counsel LLC acquired a new stake in BlackRock Limited Duration Income Trust in the 3rd quarter valued at about $170,000. Finally, U.S. Capital Wealth Advisors LLC acquired a new stake in shares of BlackRock Limited Duration Income Trust in the 3rd quarter valued at $201,000.

BlackRock Limited Duration Income Trust Stock Performance

BLW stock traded down $0.05 during mid-day trading on Thursday, reaching $13.74. 71,891 shares of the company’s stock were exchanged, compared to its average volume of 101,642. BlackRock Limited Duration Income Trust has a 12-month low of $12.48 and a 12-month high of $14.47. The stock’s 50 day moving average is $13.77 and its 200 day moving average is $13.94.

BlackRock Limited Duration Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $0.1132 dividend. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Friday, March 13th.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.