BlackRock Health Sciences Trust (NYSE:BME) Short Interest Update

BlackRock Health Sciences Trust (NYSE:BME) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 30,636 shares, an increase of 146.0% from the November 30th total of 12,455 shares. Based on an average daily volume of 37,256 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 37,256 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of BlackRock Health Sciences Trust

A number of institutional investors have recently bought and sold shares of the business. PMG Family Office LLC bought a new position in shares of BlackRock Health Sciences Trust during the third quarter worth approximately $324,000. Northwestern Mutual Wealth Management Co. increased its stake in BlackRock Health Sciences Trust by 22.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,417 shares of the company’s stock worth $53,000 after acquiring an additional 257 shares during the period. Bank of America Corp DE raised its holdings in BlackRock Health Sciences Trust by 18.8% in the 3rd quarter. Bank of America Corp DE now owns 216,404 shares of the company’s stock valued at $8,057,000 after acquiring an additional 34,218 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of BlackRock Health Sciences Trust by 7.3% during the 3rd quarter. Raymond James Financial Inc. now owns 104,204 shares of the company’s stock valued at $3,880,000 after acquiring an additional 7,069 shares during the period. Finally, Two Sigma Investments LP grew its holdings in shares of BlackRock Health Sciences Trust by 32.4% during the 3rd quarter. Two Sigma Investments LP now owns 46,481 shares of the company’s stock worth $1,730,000 after purchasing an additional 11,371 shares in the last quarter.

BlackRock Health Sciences Trust Stock Performance

BME traded up $0.00 during trading on Friday, hitting $41.41. The stock had a trading volume of 28,659 shares, compared to its average volume of 48,323. The company has a 50 day moving average price of $39.94 and a 200-day moving average price of $37.70. BlackRock Health Sciences Trust has a one year low of $34.18 and a one year high of $41.72.

BlackRock Health Sciences Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a $0.2621 dividend. The ex-dividend date is Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 7.6%.

BlackRock Health Sciences Trust Company Profile

BlackRock Health Sciences Trust (NYSE: BME) is a closed-end management investment company that seeks long-term total return through a combination of dividend income and capital appreciation. Managed by BlackRock Fund Advisors, the trust invests primarily in the equity securities of domestic and international issuers engaged in the health sciences sector. The portfolio typically includes common stocks, corporate bonds and convertible securities of companies involved in biotechnology, pharmaceuticals, medical devices and healthcare services.