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.
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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