Short Interest in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Drops By 5.6%

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 123,900 shares, a decline of 5.6% from the January 15th total of 131,200 shares. Based on an average daily volume of 299,100 shares, the days-to-cover ratio is presently 0.4 days.

Blackrock Resources & Commodities Strategy Trust Stock Down 0.6 %

BCX opened at $9.24 on Thursday. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $8.25 and a twelve month high of $9.74. The company has a 50-day simple moving average of $8.96 and a 200 day simple moving average of $9.17.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.0697 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.06%. The ex-dividend date of this dividend is Friday, February 14th.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Several large investors have recently made changes to their positions in BCX. Curio Wealth LLC acquired a new position in Blackrock Resources & Commodities Strategy Trust during the fourth quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth $35,000. Elequin Capital LP acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth $58,000. Virtu Financial LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth $99,000. Finally, Sigma Planning Corp acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the third quarter valued at about $104,000.

Blackrock Resources & Commodities Strategy Trust Company Profile

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.