2 weeks Ago By ABMN Staff
BlackRock Corporate High Yield Fund, Inc. ( NYSE:HYT – Get Free Report ) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 383,200 shares, a growth of 55.
0% from the August 31st total of 247,300 shares. Based on an average trading volume of 456,800 shares, the days-to-cover ratio is presently 0.8 days.
Institutional Investors Weigh In On BlackRock Corporate High Yield Fund A number of institutional investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in shares of BlackRock Corporate High Yield Fund in the 2nd quarter worth approximately $106,000. Creekside Partners acquired a new position in shares of BlackRock Corporate High Yield Fund in the second quarter valued at $587,000.
Cetera Investment Advisers lifted its position in BlackRock Corporate High Yield Fund by 2.7% in the second quarter. Cetera Investment Advisers now owns 269,937 shares of the investment management company’s stock worth $2,616,000 after purchasing an additional 7,164 shares during the period.
Pathway Financial Advisers LLC boosted its stake in BlackRock Corporate High Yield Fund by 2.7% during the second quarter. Pathway Financial Advisers LLC now owns 178,666 shares of the investment management company’s stock worth $1,731,000 after buying an additional 4,757 shares in the last quarter.
Finally, J.W. Cole Advisors Inc.
acquired a new stake in BlackRock Corporate High Yield Fund during the second quarter worth $158,000. BlackRock Corporate High Yield Fund Price Performance Shares of BlackRock Corporate High Yield Fund stock opened at $9.94 on Friday.
The firm has a fifty day moving average price of $9.88 and a two-hundred day moving average price of $9.77.
BlackRock Corporate High Yield Fund has a fifty-two week low of $8.18 and a fifty-two week high of $10.16.
BlackRock Corporate High Yield Fund Dividend Announcement BlackRock Corporate High Yield Fund Company Profile ( Get Free Report ) BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors.
It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation. Further Reading Receive News & Ratings for BlackRock Corporate High Yield Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Corporate High Yield Fund and related companies with MarketBeat.com's FREE daily email newsletter .
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