Short Interest in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Expands By 207.1%

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 12,900 shares, a growth of 207.1% from the October 15th total of 4,200 shares. Based on an average daily volume of 47,100 shares, the short-interest ratio is currently 0.3 days.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Down 0.3 %

BUI stock traded down $0.07 during mid-day trading on Thursday, reaching $23.24. The company’s stock had a trading volume of 29,789 shares, compared to its average volume of 53,029. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12 month low of $19.44 and a 12 month high of $24.94. The business’s 50 day moving average price is $23.69 and its 200 day moving average price is $22.95.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.121 per share. The ex-dividend date is Friday, November 15th. This represents a $1.45 dividend on an annualized basis and a dividend yield of 6.25%.

Hedge Funds Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC grew its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 718.6% during the second quarter. Larson Financial Group LLC now owns 1,367 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,200 shares during the last quarter. Register Financial Advisors LLC lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 13.9% in the second quarter. Register Financial Advisors LLC now owns 4,100 shares of the real estate investment trust’s stock valued at $91,000 after purchasing an additional 500 shares in the last quarter. M3 Advisory Group LLC purchased a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the second quarter valued at approximately $201,000. SeaCrest Wealth Management LLC bought a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the third quarter worth $218,000. Finally, Janney Montgomery Scott LLC raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 9.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 11,298 shares of the real estate investment trust’s stock valued at $244,000 after buying an additional 1,000 shares during the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.