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

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

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Blackrock Resources & Commodities Strategy Trust (NYSE:BCXGet Rating) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 43,800 shares, a drop of 13.8% from the April 15th total of 50,800 shares. Based on an average daily trading volume, of 371,100 shares, the short-interest ratio is presently 0.1 days.

Several institutional investors have recently added to or reduced their stakes in BCX. Royal Bank of Canada increased its position in Blackrock Resources & Commodities Strategy Trust by 4.3% in the first quarter. Royal Bank of Canada now owns 993,069 shares of the investment management company’s stock worth $10,964,000 after purchasing an additional 41,012 shares during the last quarter. Eudaimonia Partners LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust in the first quarter worth $680,000. Guggenheim Capital LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust in the first quarter worth $134,000. Geneos Wealth Management Inc. increased its position in Blackrock Resources & Commodities Strategy Trust by 64.3% in the first quarter. Geneos Wealth Management Inc. now owns 4,256 shares of the investment management company’s stock worth $46,000 after purchasing an additional 1,665 shares during the last quarter. Finally, Samalin Investment Counsel LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust in the first quarter worth $33,000.

Blackrock Resources & Commodities Strategy Trust stock opened at $10.92 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $8.24 and a 1 year high of $11.62. The firm’s 50 day moving average price is $10.87 and its 200-day moving average price is $10.09.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Monday, May 16th will be given a dividend of $0.045 per share. This represents a $0.54 annualized dividend and a dividend yield of 4.95%. The ex-dividend date is Friday, May 13th.

Blackrock Resources & Commodities Strategy Trust Company Profile (Get Rating)

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.

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