Short Interest in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Decreases By 53.9%

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 49,316 shares, a decrease of 53.9% from the August 15th total of 106,937 shares. Based on an average daily trading volume, of 166,774 shares, the short-interest ratio is currently 0.3 days.

Blackrock Resources & Commodities Strategy Trust Stock Up 0.3%

Shares of BCX traded up $0.04 during trading hours on Tuesday, hitting $12.73. The company had a trading volume of 195,394 shares, compared to its average volume of 223,011. The stock’s 50 day moving average price is $12.37 and its 200 day moving average price is $12.16. Blackrock Resources & Commodities Strategy Trust has a 52-week low of $9.68 and a 52-week high of $13.86.

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Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be given a dividend of $0.0697 per share. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date is Friday, December 11th.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

Large investors have recently bought and sold shares of the stock. Blue Bell Private Wealth Management LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 12.8% during the second quarter. Blue Bell Private Wealth Management LLC now owns 7,945 shares of the investment management company’s stock valued at $90,000 after purchasing an additional 900 shares during the period. NewEdge Advisors LLC increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 1.6% in the second quarter. NewEdge Advisors LLC now owns 64,896 shares of the investment management company’s stock worth $734,000 after buying an additional 1,011 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 1.8% in the first quarter. Nations Financial Group Inc. IA ADV now owns 58,246 shares of the investment management company’s stock worth $702,000 after buying an additional 1,027 shares during the period. Fiduciary Financial Group LLC increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 3.2% in the second quarter. Fiduciary Financial Group LLC now owns 36,687 shares of the investment management company’s stock worth $415,000 after buying an additional 1,149 shares during the period. Finally, Triumph Capital Management raised its holdings in Blackrock Resources & Commodities Strategy Trust by 2.8% during the 2nd quarter. Triumph Capital Management now owns 46,049 shares of the investment management company’s stock valued at $521,000 after buying an additional 1,238 shares during the last quarter.

About Blackrock Resources & Commodities Strategy Trust

(Get Free Report)

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.

The trust pursues its objectives through a combination of direct and indirect instruments.

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