BlackRock Science and Technology Trust (NYSE:BST) Short Interest Update

BlackRock Science and Technology Trust (NYSE:BST) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 7,700 shares, a growth of 185.2% from the December 15th 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 Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in BlackRock Science and Technology Trust during the third quarter valued at approximately $76,000. World Investment Advisors LLC bought a new position in BlackRock Science and Technology Trust during the third quarter valued at $208,000. Landscape Capital Management L.L.C. purchased a new position in shares of BlackRock Science and Technology Trust during the third quarter valued at approximately $222,000. Arkadios Wealth Advisors bought a new stake in shares of BlackRock Science and Technology Trust during the 4th quarter worth approximately $244,000. Finally, D.A. Davidson & CO. lifted its position 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 worth $296,000 after purchasing an additional 814 shares during the last quarter.

BlackRock Science and Technology Trust Trading Up 1.1 %

Shares of BST stock traded up $0.42 on Wednesday, reaching $37.22. The company’s stock had a trading volume of 100,643 shares, compared to its average volume of 105,083. BlackRock Science and Technology Trust has a 1 year low of $31.38 and a 1 year high of $39.01. The stock’s fifty day simple moving average is $36.99 and its 200-day simple moving average is $36.11.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders 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 dividend yield of 8.06%. The ex-dividend date of this dividend 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.