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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 150,400 shares, an increase of 37.1% from the February 13th total of 109,700 shares. Based on an average daily volume of 315,100 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

Several large investors have recently bought and sold shares of BCX. Curio Wealth LLC bought a new position in Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $28,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter valued at $35,000. Elequin Capital LP purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $58,000. CreativeOne Wealth LLC purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $96,000. Finally, Virtu Financial LLC purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter valued at $99,000.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of BCX traded up $0.02 during trading hours on Tuesday, reaching $9.28. The stock had a trading volume of 68,625 shares, compared to its average volume of 232,478. The firm has a 50-day simple moving average of $9.07 and a 200 day simple moving average of $9.17. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $8.41 and a 12 month high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0697 per share. This represents a $0.84 annualized dividend and a yield of 9.02%. The ex-dividend date is Friday, March 14th.

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.