BlackRock Innovation and Growth Term Trust (NYSE:BIGZ – Get Free Report) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 73,300 shares, a drop of 33.9% from the May 31st total of 110,900 shares. Based on an average trading volume of 657,500 shares, the days-to-cover ratio is presently 0.1 days.
BlackRock Innovation and Growth Term Trust Stock Up 1.0 %
Shares of BlackRock Innovation and Growth Term Trust stock traded up $0.07 during trading on Monday, hitting $7.30. The company’s stock had a trading volume of 656,544 shares, compared to its average volume of 708,182. The company has a fifty day simple moving average of $7.33 and a two-hundred day simple moving average of $7.56. BlackRock Innovation and Growth Term Trust has a 52 week low of $6.21 and a 52 week high of $8.35.
BlackRock Innovation and Growth Term Trust Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a $0.0889 dividend. This represents a $1.07 annualized dividend and a dividend yield of 14.61%. This is a positive change from BlackRock Innovation and Growth Term Trust’s previous monthly dividend of $0.04. The ex-dividend date of this dividend was Friday, June 14th.
Institutional Trading of BlackRock Innovation and Growth Term Trust
BlackRock Innovation and Growth Term Trust Company Profile
BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.
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