Short Interest in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Expands By 214.3%

BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 24,200 shares, an increase of 214.3% from the October 31st total of 7,700 shares. Based on an average daily trading volume, of 113,200 shares, the short-interest ratio is currently 0.2 days.

BlackRock Enhanced Capital and Income Fund Stock Performance

NYSE:CII traded up $0.02 during mid-day trading on Thursday, reaching $20.00. The stock had a trading volume of 105,156 shares, compared to its average volume of 93,444. The stock has a 50-day simple moving average of $19.68 and a two-hundred day simple moving average of $19.52. BlackRock Enhanced Capital and Income Fund has a 12 month low of $17.57 and a 12 month high of $20.40.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be paid a $0.141 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.69 annualized dividend and a dividend yield of 8.46%.

Hedge Funds Weigh In On BlackRock Enhanced Capital and Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC raised its holdings in shares of BlackRock Enhanced Capital and Income Fund by 89.3% during the third quarter. Janney Montgomery Scott LLC now owns 46,342 shares of the real estate investment trust’s stock valued at $912,000 after purchasing an additional 21,861 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in shares of BlackRock Enhanced Capital and Income Fund by 8.3% during the second quarter. B. Riley Wealth Advisors Inc. now owns 48,759 shares of the real estate investment trust’s stock valued at $975,000 after purchasing an additional 3,733 shares during the period. TPG Advisors LLC acquired a new position in shares of BlackRock Enhanced Capital and Income Fund during the second quarter valued at about $211,000. Calamos Advisors LLC acquired a new position in shares of BlackRock Enhanced Capital and Income Fund during the second quarter valued at about $237,000. Finally, Cetera Investment Advisers raised its holdings in shares of BlackRock Enhanced Capital and Income Fund by 12.1% during the second quarter. Cetera Investment Advisers now owns 68,662 shares of the real estate investment trust’s stock valued at $1,373,000 after purchasing an additional 7,420 shares during the period.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.