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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 45,800 shares, a decline of 7.5% from the October 31st total of 49,500 shares. Based on an average trading volume of 198,100 shares, the days-to-cover ratio is presently 0.2 days.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Shares of NYSE BCX traded down $0.16 during midday trading on Monday, reaching $9.31. The stock had a trading volume of 336,638 shares, compared to its average volume of 246,655. The stock has a 50-day moving average of $9.43 and a 200-day moving average of $9.27. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $8.25 and a 12-month high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 16th will be issued a $0.0697 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.84 annualized dividend and a dividend yield of 8.98%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BCX. Wilmington Savings Fund Society FSB acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $35,000. Virtu Financial LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust in the third quarter worth approximately $99,000. Cetera Advisors LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust in the first quarter worth approximately $100,000. Sigma Planning Corp acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the third quarter worth approximately $104,000. Finally, Creekside Partners acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the second quarter worth approximately $119,000.

About Blackrock Resources & Commodities Strategy Trust

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.