BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Up 6.9% in September

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 15,500 shares, an increase of 6.9% from the September 15th total of 14,500 shares. Based on an average daily volume of 47,200 shares, the days-to-cover ratio is currently 0.3 days.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Down 0.6 %

Shares of NYSE BUI traded down $0.14 during mid-day trading on Thursday, reaching $23.82. The company had a trading volume of 44,778 shares, compared to its average volume of 53,095. The firm has a 50 day simple moving average of $23.49 and a two-hundred day simple moving average of $22.59. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52-week low of $18.73 and a 52-week high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a dividend of $0.121 per share. This represents a $1.45 annualized dividend and a dividend yield of 6.10%. The ex-dividend date is Tuesday, October 15th.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

Hedge funds and other institutional investors have recently made changes to their positions in the company. Larson Financial Group LLC increased its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 718.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,367 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 1,200 shares during the period. Register Financial Advisors LLC acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the first quarter worth about $78,000. HBC Financial Services PLLC grew its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 7.9% during the first quarter. HBC Financial Services PLLC now owns 6,800 shares of the real estate investment trust’s stock worth $146,000 after buying an additional 500 shares during the last quarter. M3 Advisory Group LLC purchased a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the second quarter worth about $201,000. Finally, SeaCrest Wealth Management LLC acquired a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 3rd quarter valued at about $218,000.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.