Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Up 160.7% in April

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its position in shares of Blackrock Resources & Commodities Strategy Trust by 6.6% during the 1st quarter. NewEdge Advisors LLC now owns 73,411 shares of the investment management company’s stock valued at $685,000 after acquiring an additional 4,542 shares during the period. Geneos Wealth Management Inc. lifted its stake in Blackrock Resources & Commodities Strategy Trust by 431.2% in the first quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock valued at $69,000 after purchasing an additional 6,041 shares during the last quarter. Cetera Investment Advisers grew its holdings in Blackrock Resources & Commodities Strategy Trust by 85.0% during the second quarter. Cetera Investment Advisers now owns 79,761 shares of the investment management company’s stock valued at $754,000 after purchasing an additional 36,637 shares during the period. Invesco Ltd. increased its position in Blackrock Resources & Commodities Strategy Trust by 2.2% in the second quarter. Invesco Ltd. now owns 1,109,900 shares of the investment management company’s stock worth $10,489,000 after buying an additional 23,655 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Blackrock Resources & Commodities Strategy Trust by 3.7% in the second quarter. First Trust Advisors LP now owns 50,198 shares of the investment management company’s stock worth $474,000 after buying an additional 1,787 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Down 0.6%

Shares of Blackrock Resources & Commodities Strategy Trust stock opened at $12.14 on Friday. Blackrock Resources & Commodities Strategy Trust has a 1 year low of $9.11 and a 1 year high of $13.86. The stock has a fifty day moving average price of $12.21 and a 200-day moving average price of $11.65.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.0697 per share. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Monday, June 15th.

About Blackrock Resources & Commodities Strategy Trust

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.