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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 150,400 shares, a growth of 37.1% from the February 13th total of 109,700 shares. Based on an average daily trading volume, of 315,100 shares, the short-interest ratio is presently 0.5 days.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.8 %

BCX stock traded up $0.17 during trading hours on Monday, hitting $9.26. 159,341 shares of the stock traded hands, compared to its average volume of 233,007. The stock has a 50-day simple moving average of $9.06 and a 200 day simple moving average of $9.17. Blackrock Resources & Commodities Strategy Trust has a one year low of $8.41 and a one year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.0697 per share. The ex-dividend date is Friday, March 14th. This represents a $0.84 annualized dividend and a dividend yield of 9.04%.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

Several hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN lifted its stake in Blackrock Resources & Commodities Strategy Trust by 1.7% during the fourth quarter. Wells Fargo & Company MN now owns 4,897,562 shares of the investment management company’s stock valued at $41,825,000 after purchasing an additional 82,496 shares during the last quarter. Sit Investment Associates Inc. increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 53.3% in the fourth quarter. Sit Investment Associates Inc. now owns 1,172,521 shares of the investment management company’s stock valued at $10,013,000 after buying an additional 407,467 shares in the last quarter. Rivernorth Capital Management LLC lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 51.6% during the 3rd quarter. Rivernorth Capital Management LLC now owns 962,498 shares of the investment management company’s stock valued at $9,240,000 after acquiring an additional 327,507 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth $7,951,000. Finally, Pathstone Holdings LLC boosted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 58.2% during the 3rd quarter. Pathstone Holdings LLC now owns 779,152 shares of the investment management company’s stock worth $7,482,000 after acquiring an additional 286,553 shares in the last quarter.

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.