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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 43,782 shares, a growth of 160.7% from the April 15th total of 16,791 shares. Based on an average daily trading volume, of 174,634 shares, the short-interest ratio is presently 0.3 days.

Blackrock Resources & Commodities Strategy Trust Stock Down 3.1%

Blackrock Resources & Commodities Strategy Trust stock opened at $11.90 on Friday. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $9.11 and a 1-year high of $13.86. The firm’s fifty day moving average price is $12.19 and its two-hundred day moving average price is $11.65.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.0697 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Waverly Advisors LLC lifted its stake in shares of Blackrock Resources & Commodities Strategy Trust by 6.2% in the first quarter. Waverly Advisors LLC now owns 48,454 shares of the investment management company’s stock valued at $584,000 after buying an additional 2,823 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 8.0% during the first quarter. Cetera Investment Advisers now owns 83,934 shares of the investment management company’s stock valued at $1,011,000 after purchasing an additional 6,240 shares in the last quarter. Independent Financial Group LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust during the first quarter valued at about $270,000. 180 Wealth Advisors LLC lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 7.5% during the first quarter. 180 Wealth Advisors LLC now owns 1,080,074 shares of the investment management company’s stock valued at $13,015,000 after purchasing an additional 74,976 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 2,267.4% during the first quarter. Fifth Third Bancorp now owns 23,674 shares of the investment management company’s stock valued at $285,000 after purchasing an additional 22,674 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Company Profile

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.