Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Up 141.7% in December

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 81,700 shares, an increase of 141.7% from the December 15th total of 33,800 shares. Based on an average trading volume of 228,300 shares, the short-interest ratio is currently 0.4 days.

Blackrock Resources & Commodities Strategy Trust Trading Up 0.7 %

BCX traded up $0.07 during midday trading on Tuesday, reaching $9.18. 286,920 shares of the company’s stock traded hands, compared to its average volume of 270,265. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.74. The firm has a fifty day moving average of $9.07 and a two-hundred day moving average of $9.21.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a $0.0697 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 9.12%. The ex-dividend date of this dividend is Wednesday, January 15th.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Large investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter valued at about $35,000. Virtu Financial LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust during the 3rd quarter valued at approximately $99,000. Sigma Planning Corp purchased a new position in shares of Blackrock Resources & Commodities Strategy Trust during the 3rd quarter worth approximately $104,000. Creekside Partners bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 2nd quarter worth approximately $119,000. Finally, Choreo LLC purchased a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 2nd quarter valued at approximately $123,000.

About Blackrock Resources & Commodities Strategy Trust

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.