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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 62,400 shares, a decrease of 22.9% from the September 15th total of 80,900 shares. Based on an average trading volume of 256,300 shares, the days-to-cover ratio is presently 0.2 days.

Blackrock Resources & Commodities Strategy Trust stock traded up $0.01 during mid-day trading on Friday, reaching $6.06. 457,045 shares of the stock traded hands, compared to its average volume of 411,998. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $3.27 and a 12-month high of $8.21. The business’s 50-day moving average is $6.22 and its 200-day moving average is $6.03.

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 7.92%. The ex-dividend date is Wednesday, October 14th.

A number of institutional investors have recently bought and sold shares of BCX. Citigroup Inc. increased its position in Blackrock Resources & Commodities Strategy Trust by 54.9% during the first quarter. Citigroup Inc. now owns 12,897 shares of the investment management company’s stock valued at $65,000 after acquiring an additional 4,570 shares during the last quarter. Parametric Portfolio Associates LLC increased its position in Blackrock Resources & Commodities Strategy Trust by 72.0% in the first quarter. Parametric Portfolio Associates LLC now owns 419,996 shares of the investment management company’s stock worth $2,117,000 after buying an additional 175,877 shares in the last quarter. Thrivent Financial for Lutherans increased its position in Blackrock Resources & Commodities Strategy Trust by 2.1% in the first quarter. Thrivent Financial for Lutherans now owns 123,262 shares of the investment management company’s stock worth $621,000 after buying an additional 2,526 shares in the last quarter. Invesco Ltd. increased its position in Blackrock Resources & Commodities Strategy Trust by 0.4% in the first quarter. Invesco Ltd. now owns 1,646,773 shares of the investment management company’s stock worth $8,300,000 after buying an additional 6,128 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Blackrock Resources & Commodities Strategy Trust in the first quarter worth about $166,000.

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.

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