BlackRock Core Bond Trust (NYSE:BHK) Short Interest Update

BlackRock Core Bond Trust (NYSE:BHK) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 728,000 shares, a decline of 7.0% from the October 15th total of 782,900 shares. Based on an average trading volume of 139,000 shares, the days-to-cover ratio is currently 5.2 days.

BlackRock Core Bond Trust Price Performance

NYSE BHK traded up $0.06 on Tuesday, hitting $11.12. 4,769 shares of the stock traded hands, compared to its average volume of 154,126. BlackRock Core Bond Trust has a 12 month low of $10.10 and a 12 month high of $12.10. The business’s fifty day moving average is $11.67 and its two-hundred day moving average is $11.18.

BlackRock Core Bond Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.0746 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.05%.

Hedge Funds Weigh In On BlackRock Core Bond Trust

A number of large investors have recently modified their holdings of BHK. Clean Yield Group purchased a new stake in BlackRock Core Bond Trust in the 1st quarter worth approximately $27,000. Brown Brothers Harriman & Co. bought a new stake in BlackRock Core Bond Trust during the third quarter valued at $32,000. Fairscale Capital LLC purchased a new stake in shares of BlackRock Core Bond Trust in the 2nd quarter valued at about $35,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of BlackRock Core Bond Trust in the third quarter worth approximately $48,000. Finally, JTC Employer Solutions Trustee Ltd purchased a new stake in BlackRock Core Bond Trust in the third quarter valued at approximately $87,000.

About BlackRock Core Bond Trust

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.