BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Sees Large Decrease in Short Interest

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 53,460 shares, a decrease of 43.6% from the April 15th total of 94,855 shares. Based on an average daily volume of 78,765 shares, the short-interest ratio is presently 0.7 days.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 4th quarter valued at $25,000. Trust Co. of Vermont acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 4th quarter valued at $26,000. IFP Advisors Inc acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 4th quarter valued at $40,000. Cullen Frost Bankers Inc. acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 4th quarter valued at $43,000. Finally, Creekmur Asset Management LLC lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 133.5% during the 3rd quarter. Creekmur Asset Management LLC now owns 1,665 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 952 shares during the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Performance

BUI traded down $0.46 during trading on Friday, reaching $27.41. The stock had a trading volume of 102,813 shares, compared to its average volume of 107,742. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1-year low of $23.56 and a 1-year high of $30.80. The stock has a 50 day moving average of $27.08 and a two-hundred day moving average of $26.98.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.136 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Monday, June 15th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI) is a closed-end management investment company that seeks to provide investors with a diversified portfolio of global utilities, infrastructure and power-related securities. Managed by BlackRock Advisors, the trust taps into BlackRock’s expansive research platform to identify companies involved in the generation, transmission and distribution of essential services such as electricity, water, transportation and renewable energy.

The trust’s primary objective is total return, emphasizing both current income and capital appreciation.