Short Interest in BlackRock Science and Technology Trust (NYSE:BST) Expands By 185.2%

BlackRock Science and Technology Trust (NYSE:BST) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 7,700 shares, an increase of 185.2% from the December 31st total of 2,700 shares. Based on an average trading volume of 109,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of BlackRock Science and Technology Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of BlackRock Science and Technology Trust during the third quarter valued at approximately $76,000. World Investment Advisors LLC bought a new stake in BlackRock Science and Technology Trust in the third quarter worth $208,000. Landscape Capital Management L.L.C. purchased a new position in BlackRock Science and Technology Trust in the third quarter worth about $222,000. Arkadios Wealth Advisors bought a new position in shares of BlackRock Science and Technology Trust in the fourth quarter worth approximately $244,000. Finally, D.A. Davidson & CO. grew its holdings in shares of BlackRock Science and Technology Trust by 10.8% during the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after buying an additional 814 shares during the last quarter.

BlackRock Science and Technology Trust Trading Up 1.2 %

Shares of NYSE:BST traded up $0.46 during trading on Friday, hitting $38.26. 35,502 shares of the company were exchanged, compared to its average volume of 121,987. BlackRock Science and Technology Trust has a 52-week low of $31.38 and a 52-week high of $39.59. The stock has a 50 day moving average of $37.24 and a 200 day moving average of $36.09.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.25 per share. This represents a $3.00 annualized dividend and a yield of 7.84%. The ex-dividend date is Wednesday, January 15th.

BlackRock Science and Technology Trust Company Profile

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.