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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the target of a significant increase in short interest during the month of 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 trading volume, of 138,627 shares, the short-interest ratio is presently 0.2 days.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.6%

NYSE BCX traded up $0.19 during trading hours on Friday, hitting $12.28. The company’s stock had a trading volume of 120,635 shares, compared to its average volume of 213,664. The stock 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 twelve month low of $9.68 and a twelve month 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 issued a dividend of $0.0697 per share. This represents a $0.84 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Friday, December 11th.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Several institutional investors and hedge funds have recently made changes to their positions in the business. Triumph Capital Management grew its stake in shares of Blackrock Resources & Commodities Strategy Trust by 6.0% during the third quarter. Triumph Capital Management now owns 48,813 shares of the investment management company’s stock worth $579,000 after purchasing an additional 2,764 shares during the period. Sage Capital Advisors llc bought a new stake in Blackrock Resources & Commodities Strategy Trust in the third quarter valued at about $178,000. Farther Finance Advisors LLC increased its holdings in Blackrock Resources & Commodities Strategy Trust by 1.4% in the third quarter. Farther Finance Advisors LLC now owns 84,015 shares of the investment management company’s stock valued at $997,000 after purchasing an additional 1,191 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Blackrock Resources & Commodities Strategy Trust by 1.6% in the second quarter. NewEdge Advisors LLC now owns 64,896 shares of the investment management company’s stock valued at $734,000 after buying an additional 1,011 shares during the period. Finally, Cypress Capital Management LLC WY acquired a new position in Blackrock Resources & Commodities Strategy Trust in the second quarter valued at about $456,000.

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.