Short traders are more bullish on Blackrock Enhanced Government Fund lately at least if you consider the fall in short interest. The stock had a fall in short interest of -22.56% as of October 31, 2017 from the last reporting period. Short shares fell 1,407 over that period. With short interest at 4,831 and short average daily volume at 7,335, the short-interest ratio is 1.0 and the short interest percentage is 0.00% as of October 31.
A few notable investment firms have updated their holdings. As of quarter end Dynamic Advisors Solutions LLC had acquired a total of 4,250 shares growing its holdings by 22.3%. The value of the investment in Blackrock Enhanced Government Fund increased from $254,000 to $318,000 a change of $64,000 quarter over quarter. Sit Investment Associates Inc bolstered its holdings by buying 42,243 shares an increase of 1.7% as of 09/30/2017. Sit Investment Associates Inc currently owns 2,568,261 shares valued at $35,031,000. The value of the position overall is up by 4.2%.
As of the end of the quarter Wells Fargo & Company/mn had bought 199 shares growing its stake by 15.9%. The value of the investment in (EGF) went from $17,000 to $20,000 a change of 17.6% quarter to quarter. Icon Advisers Inc/co trimmed its investment by selling 45,824 shares a decrease of 21.9% from 06/30/2017 to 09/30/2017. Icon Advisers Inc/co owns 162,989 shares worth $2,223,000. The total value of its holdings decreased 20.0%.
The company is now down by 1.04% percent from yesterday’s close. Blackrock Enhanced Government Fund’s P/E ratio is N/A and market capitalization is 86.71M.
BlackRock Enhanced Government Fund, Inc. (the Fund), formerly known as Enhanced Government Fund, Inc., is a diversified closed-end management investment company. The Fund seeks to provide current income and gains by investing primarily in a portfolio of the United States Government securities and the United States Government Agency securities, including the United States Government mortgage-backed securities. The Fund writes (sells) call options on individual or baskets of the United States Government or Agency securities, or other debt securities held by the Fund in an attempt to generate gains from option premiums..