Short Interest in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Drops By 72.9%

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) saw a large drop in short interest in October. As of October 15th, there was short interest totalling 4,200 shares, a drop of 72.9% from the September 30th total of 15,500 shares. Based on an average daily trading volume, of 45,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

A number of institutional investors and hedge funds have recently modified their holdings of the business. Consolidated Portfolio Review Corp increased its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.0% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 43,279 shares of the real estate investment trust’s stock worth $1,075,000 after purchasing an additional 433 shares in the last quarter. HBC Financial Services PLLC increased its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 7.9% in the 1st quarter. HBC Financial Services PLLC now owns 6,800 shares of the real estate investment trust’s stock worth $146,000 after purchasing an additional 500 shares in the last quarter. Register Financial Advisors LLC boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 13.9% in the 2nd quarter. Register Financial Advisors LLC now owns 4,100 shares of the real estate investment trust’s stock worth $91,000 after buying an additional 500 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 65,197 shares of the real estate investment trust’s stock worth $1,444,000 after buying an additional 923 shares during the last quarter. Finally, Prairie Wealth Advisors Inc. boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.9% in the 2nd quarter. Prairie Wealth Advisors Inc. now owns 52,343 shares of the real estate investment trust’s stock worth $1,159,000 after buying an additional 983 shares during the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.7 %

BUI stock traded down $0.16 on Friday, reaching $23.34. 61,564 shares of the company traded hands, compared to its average volume of 52,798. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a one year low of $18.73 and a one year high of $24.94. The firm has a fifty day simple moving average of $23.62 and a 200-day simple moving average of $22.71.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a dividend of $0.121 per share. This represents a $1.45 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.