Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Up 31.1% in August

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 58,200 shares, a growth of 31.1% from the July 31st total of 44,400 shares. Based on an average daily trading volume, of 179,300 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 179,300 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

A number of large investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 19.4% in the second quarter. Osaic Holdings Inc. now owns 227,925 shares of the investment management company’s stock valued at $2,154,000 after buying an additional 37,091 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Blackrock Resources & Commodities Strategy Trust by 23.6% in the second quarter. Geneos Wealth Management Inc. now owns 9,200 shares of the investment management company’s stock worth $87,000 after acquiring an additional 1,758 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 49.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 597,695 shares of the investment management company’s stock worth $5,648,000 after buying an additional 198,458 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter worth approximately $409,000. Finally, Walleye Capital LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 2nd quarter valued at $96,000.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of NYSE BCX opened at $10.14 on Thursday. The company’s fifty day moving average price is $9.74 and its 200 day moving average price is $9.33. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $7.84 and a 1 year high of $10.19.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.0697 per share. The ex-dividend date is Monday, September 15th. This represents a c) dividend on an annualized basis and a yield of 8.3%.

Blackrock Resources & Commodities Strategy Trust Company Profile

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.