BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Update

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 15,600 shares, a decrease of 22.0% from the September 15th total of 20,000 shares. Based on an average daily volume of 44,300 shares, the days-to-cover ratio is currently 0.4 days.

A number of hedge funds have recently modified their holdings of the business. US Bancorp DE increased its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 38.9% during the first quarter. US Bancorp DE now owns 6,250 shares of the real estate investment trust’s stock worth $107,000 after purchasing an additional 1,750 shares in the last quarter. Morgan Stanley increased its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 15.8% in the 1st quarter. Morgan Stanley now owns 568,281 shares of the real estate investment trust’s stock valued at $9,672,000 after acquiring an additional 77,717 shares during the period. Advisor Group Holdings Inc. acquired a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 1st quarter valued at about $549,000. Guggenheim Capital LLC increased its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 2.0% in the 1st quarter. Guggenheim Capital LLC now owns 98,295 shares of the real estate investment trust’s stock valued at $1,673,000 after acquiring an additional 1,932 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 40.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 28,041 shares of the real estate investment trust’s stock valued at $596,000 after acquiring an additional 8,107 shares during the period.

BUI stock traded down $0.03 during mid-day trading on Friday, reaching $23.14. 111,769 shares of the company’s stock were exchanged, compared to its average volume of 58,948. The stock’s 50 day moving average is $21.97 and its 200 day moving average is $20.59. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12-month low of $12.35 and a 12-month high of $23.67.

The firm also recently declared a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.121 per share. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $1.45 dividend on an annualized basis and a yield of 6.27%.

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.

Read More: Backdoor Roth IRA

Receive News & Ratings for BlackRock Utilities Infrastructure & Power Opportunities Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Utilities Infrastructure & Power Opportunities Trust and related companies with MarketBeat.com's FREE daily email newsletter.