Blackrock Capital and Income Strategies (NYSE:CII) Sees Significantly Higher Trading Volume


Blackrock Capital and Income Strategies shares had a trading volume of 215K in the last trading session. Trading volume was up 78.20% over the stocks average daily volume.

Traders are feeling more bearish on shares of Blackrock Capital and Income Strategies recently as evidenced by the rise in short interest. The stock realized a rise in short interest from October 13, 2017 to October 31, 2017 of 69.44%. Short shares grew 15,868 over that timeframe. The days to cover decreased to 0.0 and the percentage of shorted shares was 0.00% on October 31.

A few notable investment firms have updated their holdings. Cambridge Investment Research Advisors, Inc. divested its stake by shedding 1,276 shares a decrease of 3.1% from 06/30/2017 to 09/30/2017. Cambridge Investment Research Advisors, Inc. claims 39,460 shares worth $616,000. The total value of its holdings increased 1.5%. Shaker Financial Services, LLC trimmed its position by selling 28,399 shares a decrease of 63.4% in the quarter. Shaker Financial Services, LLC currently owns 16,390 shares with a value of $256,000. The value of the position overall is down by 61.6%.

Wells Fargo & Company/mn expanded its ownership by buying 6 shares an increase of 0.1% as of 09/30/2017. Wells Fargo & Company/mn now controls 5,733 shares valued at $89,000. The total value of its holdings increased 4.7%. As of quarter end Raymond James & Associates had bought a total of 55,392 shares growing its position 23.7%. The value of the total investment in Blackrock Capital and Income Strategies went from $3,486,000 to $4,516,000 a change of $1,030,000 for the reporting period.

In the market the company is trading down by 0.91% percent from yesterday’s close. The most current P/E ratio is N/A and the market value is 669.76M.

BlackRock Enhanced Capital and Income Fund, Inc. (the Fund), formerly BlackRock Capital and Income Strategies Fund, Inc., is a diversified, closed-end management investment company. The Fund seeks to provide current income and capital appreciation. It invests in a portfolio of equity and debt securities of United States and foreign issuers. The Fund?s portfolio includes common stocks, preferred stocks, foreign government obligations, corporate bonds, trust preferreds and municipal bonds. The Fund employs a strategy of writing (selling) call options on equity indexes in an attempt to generate gains from option premiums (the Index Option Strategy). Under the Index Option Strategy, the Fund will write call options primarily on the S&P 500 Index, but may, from time to time, write call options on other equity indexes as well. The Fund?s investment advisor is BlackRock Advisors, LLC, an indirect, wholly owned subsidiary of BlackRock, Inc..