BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Up 37.1% in February

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 59,100 shares, a growth of 37.1% from the February 13th total of 43,100 shares. Based on an average trading volume of 54,800 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust

Several institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 46,210 shares of the real estate investment trust’s stock valued at $1,083,000 after acquiring an additional 1,800 shares during the period. Liberty Square Wealth Partners LLC purchased a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 4th quarter valued at about $262,000. Cetera Investment Advisers raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.2% during the 4th quarter. Cetera Investment Advisers now owns 25,775 shares of the real estate investment trust’s stock valued at $604,000 after purchasing an additional 1,962 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.1% in the 4th quarter. Baird Financial Group Inc. now owns 19,361 shares of the real estate investment trust’s stock worth $454,000 after buying an additional 574 shares during the period. Finally, Bank of America Corp DE lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 9.4% in the 4th quarter. Bank of America Corp DE now owns 435,893 shares of the real estate investment trust’s stock worth $10,213,000 after buying an additional 37,284 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

BlackRock Utilities, Infrastructure & Power Opportunities Trust stock traded up $0.21 during trading hours on Monday, reaching $22.93. The company had a trading volume of 57,771 shares, compared to its average volume of 50,881. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12-month low of $20.11 and a 12-month high of $24.94. The company has a 50-day moving average price of $23.02 and a 200 day moving average price of $23.36.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.136 dividend. This represents a $1.63 annualized dividend and a dividend yield of 7.12%. The ex-dividend date is Friday, March 14th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.