贝莱德投资质量市政信托公司（纽约证券交易所代码：BKN）11月空头利率上涨700.0％

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Rating) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 8,000 shares, an increase of 700.0% from the November 15th total of 1,000 shares. Based on an average daily trading volume, of 67,500 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On BlackRock Investment Quality Municipal Trust

A number of large investors have recently made changes to their positions in BKN. Chilton Capital Management LLC bought a new stake in shares of BlackRock Investment Quality Municipal Trust during the 2nd quarter valued at about $25,000. Carmichael Hill & Associates Inc. bought a new stake in shares of BlackRock Investment Quality Municipal Trust during the 2nd quarter valued at about $50,000. IFP Advisors Inc grew its stake in shares of BlackRock Investment Quality Municipal Trust by 90.5% during the 3rd quarter. IFP Advisors Inc now owns 8,940 shares of the company's stock valued at $126,000 after purchasing an additional 4,248 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of BlackRock Investment Quality Municipal Trust during the 3rd quarter valued at about $127,000. Finally, MML Investors Services LLC grew its stake in shares of BlackRock Investment Quality Municipal Trust by 17.5% during the 3rd quarter. MML Investors Services LLC now owns 11,937 shares of the company's stock valued at $149,000 after acquiring an additional 1,778 shares during the period. 12.26% of the stock is currently owned by institutional investors.

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BlackRock Investment Quality Municipal Trust Price Performance

Shares of NYSE:BKN opened at $12.33 on Tuesday. BlackRock Investment Quality Municipal Trust has a fifty-two week low of $10.75 and a fifty-two week high of $18.56. The business has a 50-day simple moving average of $11.89 and a two-hundred day simple moving average of $13.56.

BlackRock Investment Quality Municipal Trust Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, December 30th. Shareholders of record on Friday, December 16th will be paid a dividend of $0.0445 per share. The ex-dividend date of this dividend is Thursday, December 15th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 4.33%.

About BlackRock Investment Quality Municipal Trust

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BlackRock Investment Quality Municipal Trust Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.

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