BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Update

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the target of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 64,000 shares, a decrease of 25.8% from the May 15th total of 86,300 shares. Based on an average trading volume of 54,200 shares, the days-to-cover ratio is presently 1.2 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in BUI. Prairie Wealth Advisors Inc. increased its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 0.9% during the first quarter. Prairie Wealth Advisors Inc. now owns 65,616 shares of the real estate investment trust’s stock valued at $1,485,000 after acquiring an additional 568 shares during the last quarter. Baird Financial Group Inc. lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.1% during the 4th quarter. Baird Financial Group Inc. now owns 19,361 shares of the real estate investment trust’s stock worth $454,000 after acquiring an additional 574 shares in the last quarter. PNC Financial Services Group Inc. grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,859 shares of the real estate investment trust’s stock valued at $231,000 after acquiring an additional 761 shares in the last quarter. NewEdge Advisors LLC increased its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.4% during the first quarter. NewEdge Advisors LLC now owns 13,953 shares of the real estate investment trust’s stock worth $316,000 after purchasing an additional 844 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 32,250 shares of the real estate investment trust’s stock worth $730,000 after purchasing an additional 1,088 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 0.5%

Shares of NYSE:BUI opened at $24.49 on Thursday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1 year low of $20.27 and a 1 year high of $25.00. The business’s 50 day moving average price is $23.67 and its 200-day moving average price is $23.20.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.136 per share. This represents a $1.63 annualized dividend and a dividend yield of 6.67%. The ex-dividend date of this dividend is Friday, June 13th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.