BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) Short Interest Up 116.7% in December

Posted by Doug Madison on Jan 17th, 2025

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

Institutional Trading of BlackRock Enhanced Government Fund

An institutional investor recently raised its position in BlackRock Enhanced Government Fund stock. Fiera Capital Corp raised its stake in BlackRock Enhanced Government Fund, Inc. (NYSE:EGF – Free Report) by 3.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 118,486 shares of the company’s stock after purchasing an additional 4,090 shares during the period. Fiera Capital Corp’s holdings in BlackRock Enhanced Government Fund were worth $1,185,000 as of its most recent SEC filing.

BlackRock Enhanced Government Fund Trading Down 0.2 %

Shares of NYSE:EGF traded down $0.02 during trading on Thursday, hitting $9.54. The company’s stock had a trading volume of 956 shares, compared to its average volume of 2,128. BlackRock Enhanced Government Fund has a fifty-two week low of $9.05 and a fifty-two week high of $11.51. The stock’s 50-day moving average price is $9.87 and its two-hundred day moving average price is $9.83.

BlackRock Enhanced Government Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a $0.041 dividend. This represents a $0.49 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date is Wednesday, January 15th.

About BlackRock Enhanced Government Fund

(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.