BlackRock International Growth and Inco Sees Large Drop in Short Interest (BGY)
BlackRock International Growth and Inco (NYSE:BGY) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 334,878 shares, a drop of 48.2% from the July 15th total of 646,810 shares, AmericanBankingNews.com reports. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 399,265 shares, the short-interest ratio is presently 0.8 days.
Shares of BlackRock International Growth and Inco (NYSE:BGY) opened at 7.82 on Wednesday. BlackRock International Growth and Inco has a one year low of $7.47 and a one year high of $8.40. The stock’s 50-day moving average is $7.9 and its 200-day moving average is $8.0.
BlackRock International Growth and Income Trust (NYSE:BGY) is a diversified, closed-end management investment company.
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