Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Stock Short Interest Report for September

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 21,308 shares, a growth of 70.5% from the September 15th total of 12,497 shares. Based on an average daily trading volume, of 138,627 shares, the days-to-cover ratio is currently 0.2 days.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE BCX traded down $0.14 during trading on Thursday, hitting $12.12. 71,966 shares of the company traded hands, compared to its average volume of 213,867. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $9.68 and a 12 month high of $13.86. The business has a fifty day simple moving average of $12.57 and a 200 day simple moving average of $12.13.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be issued a dividend of $0.0697 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.9%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BCX. Cypress Capital Management LLC WY bought a new stake in Blackrock Resources & Commodities Strategy Trust during the second quarter worth approximately $456,000. Transcend Capital Advisors LLC grew its holdings in Blackrock Resources & Commodities Strategy Trust by 522.0% during the second quarter. Transcend Capital Advisors LLC now owns 210,078 shares of the investment management company’s stock valued at $2,376,000 after purchasing an additional 176,305 shares during the last quarter. Basecamp Wealth Advisors LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the first quarter valued at approximately $1,046,000. Kestra Advisory Services LLC raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 1,149.5% in the first quarter. Kestra Advisory Services LLC now owns 143,666 shares of the investment management company’s stock valued at $1,731,000 after purchasing an additional 132,168 shares during the period. Finally, 180 Wealth Advisors LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 7.5% in the first quarter. 180 Wealth Advisors LLC now owns 1,080,074 shares of the investment management company’s stock worth $13,015,000 after buying an additional 74,976 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 investment fund managed by BlackRock Advisors, LLC. The fund seeks to provide total return through a combination of current income and capital appreciation by investing in companies and securities connected to natural resources and commodities.

BCX invests primarily in the equity securities of companies involved in areas such as energy, mining, metals, agriculture, chemicals, forestry and other natural-resource industries.

Further Reading

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