BlackRock Science and Technology Trust (NYSE:BST) Short Interest Up 283.2% in April

BlackRock Science and Technology Trust (NYSE:BSTGet Rating) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totalling 36,400 shares, a growth of 283.2% from the April 15th total of 9,500 shares. Based on an average daily trading volume, of 150,600 shares, the short-interest ratio is currently 0.2 days.

Several large investors have recently modified their holdings of the company. Hilltop Holdings Inc. lifted its holdings in shares of BlackRock Science and Technology Trust by 2.7% during the fourth quarter. Hilltop Holdings Inc. now owns 9,498 shares of the company’s stock worth $475,000 after purchasing an additional 253 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of BlackRock Science and Technology Trust by 4.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,791 shares of the company’s stock worth $289,000 after purchasing an additional 254 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of BlackRock Science and Technology Trust by 1.7% during the fourth quarter. Kestra Advisory Services LLC now owns 17,039 shares of the company’s stock worth $851,000 after purchasing an additional 279 shares during the period. Walled Lake Planning & Wealth Management LLC lifted its holdings in shares of BlackRock Science and Technology Trust by 2.4% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 11,787 shares of the company’s stock worth $589,000 after purchasing an additional 280 shares during the period. Finally, IFG Advisory LLC lifted its holdings in shares of BlackRock Science and Technology Trust by 8.0% during the first quarter. IFG Advisory LLC now owns 4,861 shares of the company’s stock worth $210,000 after purchasing an additional 362 shares during the period.

Shares of BlackRock Science and Technology Trust stock opened at $34.62 on Thursday. BlackRock Science and Technology Trust has a fifty-two week low of $34.50 and a fifty-two week high of $61.70. The company’s 50 day moving average price is $40.83 and its two-hundred day moving average price is $46.07.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Monday, May 16th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, May 13th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 8.67%.

BlackRock Science and Technology Trust Company Profile (Get Rating)

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.

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