Short Interest in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Grows By 141.7%

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 81,700 shares, a growth of 141.7% from the December 15th total of 33,800 shares. Based on an average daily trading volume, of 228,300 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Large investors have recently added to or reduced their stakes in the business. Private Advisor Group LLC increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 1.9% during the 2nd quarter. Private Advisor Group LLC now owns 88,941 shares of the investment management company’s stock valued at $817,000 after purchasing an additional 1,631 shares during the period. Choreo LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter valued at $123,000. Oppenheimer & Co. Inc. increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 54.8% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 170,644 shares of the investment management company’s stock valued at $1,568,000 after purchasing an additional 60,437 shares during the period. Creekside Partners acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter valued at $119,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 2nd quarter valued at $1,632,000.

Blackrock Resources & Commodities Strategy Trust Stock Down 0.6 %

NYSE:BCX traded down $0.06 during mid-day trading on Thursday, reaching $9.15. The stock had a trading volume of 80,391 shares, compared to its average volume of 245,450. The stock’s 50 day simple moving average is $9.06 and its two-hundred day simple moving average is $9.21. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $8.25 and a 1-year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.0697 dividend. This represents a $0.84 annualized dividend and a yield of 9.15%. The ex-dividend date is Wednesday, January 15th.

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.