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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 92,200 shares, a growth of 38.4% from the April 30th total of 66,600 shares. Based on an average daily volume of 242,500 shares, the days-to-cover ratio is currently 0.4 days.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.6%

Blackrock Resources & Commodities Strategy Trust stock opened at $9.43 on Wednesday. The stock has a fifty day moving average price of $8.96 and a two-hundred day moving average price of $9.03. Blackrock Resources & Commodities Strategy Trust has a 52-week low of $7.84 and a 52-week high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.0697 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.84 annualized dividend and a yield of 8.87%.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tallon Kerry Patrick bought a new position in Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at about $120,000. Calamos Advisors LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 11.9% during the 4th quarter. Calamos Advisors LLC now owns 29,328 shares of the investment management company’s stock valued at $250,000 after purchasing an additional 3,127 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 5.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 724,574 shares of the investment management company’s stock valued at $6,188,000 after purchasing an additional 39,049 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 36.5% during the 4th quarter. Stephens Inc. AR now owns 49,409 shares of the investment management company’s stock valued at $422,000 after purchasing an additional 13,225 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 8.0% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 58,621 shares of the investment management company’s stock valued at $501,000 after purchasing an additional 4,356 shares in 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.