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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 79,577 shares, a growth of 270.7% from the June 30th total of 21,466 shares. Based on an average daily volume of 151,521 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

A number of hedge funds have recently made changes to their positions in BCX. Wells Fargo & Company MN lifted its holdings in Blackrock Resources & Commodities Strategy Trust by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,101,251 shares of the investment management company’s stock valued at $45,032,000 after purchasing an additional 87,072 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 19.1% in the fourth quarter. Lazard Asset Management LLC now owns 2,955,887 shares of the investment management company’s stock valued at $32,456,000 after purchasing an additional 474,942 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 2.2% in the second quarter. Invesco Ltd. now owns 1,109,900 shares of the investment management company’s stock valued at $10,489,000 after purchasing an additional 23,655 shares during the last quarter. 180 Wealth Advisors LLC raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 0.6% in the second quarter. 180 Wealth Advisors LLC now owns 1,086,189 shares of the investment management company’s stock valued at $12,285,000 after purchasing an additional 6,115 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 25.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 954,111 shares of the investment management company’s stock valued at $10,476,000 after purchasing an additional 193,587 shares during the period.

Blackrock Resources & Commodities Strategy Trust Stock Down 0.6%

Shares of BCX stock traded down $0.07 on Friday, reaching $11.78. The stock had a trading volume of 147,429 shares, compared to its average volume of 239,070. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $9.40 and a 12 month high of $13.86. The firm’s 50-day moving average is $11.64 and its two-hundred day moving average is $12.08.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.0697 per share. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

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.