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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 21,466 shares, a decrease of 56.4% from the June 15th total of 49,243 shares. Based on an average daily volume of 314,812 shares, the days-to-cover ratio is currently 0.1 days.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE:BCX traded up $0.12 on Tuesday, reaching $11.69. 109,094 shares of the company’s stock traded hands, compared to its average volume of 244,099. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $9.40 and a 12 month high of $13.86. The stock has a 50-day simple moving average of $11.77 and a 200-day simple moving average of $12.05.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.0697 dividend. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Tuesday, September 15th.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Several hedge funds have recently bought and sold shares of BCX. UBS Group AG increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 24.8% in the fourth quarter. UBS Group AG now owns 254,867 shares of the investment management company’s stock worth $2,798,000 after purchasing an additional 50,706 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Blackrock Resources & Commodities Strategy Trust by 15,635.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 236,038 shares of the investment management company’s stock valued at $2,592,000 after buying an additional 234,538 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Blackrock Resources & Commodities Strategy Trust by 25.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 954,111 shares of the investment management company’s stock valued at $10,476,000 after buying an additional 193,587 shares in the last quarter. 180 Wealth Advisors LLC grew its holdings in Blackrock Resources & Commodities Strategy Trust by 14.9% during the 4th quarter. 180 Wealth Advisors LLC now owns 1,005,098 shares of the investment management company’s stock valued at $11,036,000 after buying an additional 130,100 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust in the 1st quarter worth approximately $1,046,000.

About Blackrock Resources & Commodities Strategy Trust

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.

The trust pursues its objectives through a combination of direct and indirect instruments.