Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Update

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 81,700 shares, a growth of 141.7% from the December 15th total of 33,800 shares. Based on an average daily volume of 228,300 shares, the days-to-cover ratio is currently 0.4 days.

Blackrock Resources & Commodities Strategy Trust Trading Up 0.3 %

Shares of Blackrock Resources & Commodities Strategy Trust stock traded up $0.03 on Wednesday, hitting $9.21. 216,227 shares of the company were exchanged, compared to its average volume of 264,259. The company has a 50-day moving average price of $9.06 and a 200 day moving average price of $9.21. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $8.25 and a 1-year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.0697 per share. This represents a $0.84 dividend on an annualized basis and a yield of 9.09%. The ex-dividend date is Wednesday, January 15th.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Several large investors have recently added to or reduced their stakes in BCX. Private Advisor Group LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 1.9% during the 2nd quarter. Private Advisor Group LLC now owns 88,941 shares of the investment management company’s stock valued at $817,000 after acquiring an additional 1,631 shares during the last quarter. Raymond James & Associates increased its position in Blackrock Resources & Commodities Strategy Trust by 0.4% during the third quarter. Raymond James & Associates now owns 415,390 shares of the investment management company’s stock worth $3,988,000 after purchasing an additional 1,633 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $35,000. Virtu Financial LLC acquired a new position in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at about $99,000. Finally, Sigma Planning Corp acquired a new position in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at about $104,000.

About Blackrock Resources & Commodities Strategy Trust

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.