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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 27,800 shares, a decrease of 34.3% from the September 30th total of 42,300 shares. Based on an average daily trading volume, of 199,100 shares, the short-interest ratio is currently 0.1 days.

Blackrock Resources & Commodities Strategy Trust Trading Up 0.3 %

Shares of BCX stock traded up $0.03 on Friday, reaching $9.48. 145,246 shares of the stock were exchanged, compared to its average volume of 253,131. The firm has a 50 day moving average of $9.33 and a two-hundred day moving average of $9.25. 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 Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a dividend of $0.0518 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.62 dividend on an annualized basis and a yield of 6.56%.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

A number of institutional investors have recently added to or reduced their stakes in BCX. Hartline Investment Corp purchased a new stake in Blackrock Resources & Commodities Strategy Trust during the 1st quarter worth $94,000. Cetera Advisors LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust in the 1st quarter valued at about $100,000. Creekside Partners purchased a new position in Blackrock Resources & Commodities Strategy Trust in the 2nd quarter valued at about $119,000. Choreo LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust in the 2nd quarter valued at about $123,000. Finally, Comerica Bank boosted its position in Blackrock Resources & Commodities Strategy Trust by 10.1% in the 1st quarter. Comerica Bank now owns 15,920 shares of the investment management company’s stock valued at $145,000 after buying an additional 1,466 shares during the last quarter.

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.