Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Stock Short Interest Report for September

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 21,308 shares, an increase of 70.5% from the September 15th total of 12,497 shares. Based on an average daily volume of 138,627 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

A number of large investors have recently made changes to their positions in BCX. Allied Private Wealth LLC acquired a new position in Blackrock Resources & Commodities Strategy Trust in the 2nd quarter worth about $28,000. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 12.8% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 7,945 shares of the investment management company’s stock valued at $90,000 after buying an additional 900 shares during the last quarter. Summit Securities Group LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 1st quarter valued at about $119,000. Readystate Asset Management LP bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 2nd quarter valued at approximately $135,000. Finally, Concorde Asset Management LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 1st quarter valued at approximately $177,000.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of BCX traded down $0.14 during mid-day trading on Thursday, reaching $12.12. The company’s stock had a trading volume of 71,966 shares, compared to its average volume of 213,867. The business has a fifty day moving average of $12.57 and a 200 day moving average of $12.13. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $9.68 and a 1 year high of $13.86.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be paid a dividend of $0.0697 per share. This represents a $0.84 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Friday, December 11th.

About Blackrock Resources & Commodities Strategy Trust

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end investment fund managed by BlackRock Advisors, LLC. The fund seeks to provide total return through a combination of current income and capital appreciation by investing in companies and securities connected to natural resources and commodities.

BCX invests primarily in the equity securities of companies involved in areas such as energy, mining, metals, agriculture, chemicals, forestry and other natural-resource industries.