Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 28,900 shares, a decline of 83.6% from the September 15th total of 175,700 shares. Based on an average trading volume of 402,800 shares, the short-interest ratio is currently 0.1 days.
Shares of NYSE:BCX traded up $0.06 during trading on Thursday, reaching $9.41. The stock had a trading volume of 130 shares, compared to its average volume of 497,766. The business has a fifty day moving average price of $9.18 and a 200-day moving average price of $9.35. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $5.55 and a 1-year high of $10.22.
The business also recently disclosed a monthly dividend, which will be paid on Friday, October 29th. Shareholders of record on Friday, October 15th will be paid a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.10%. The ex-dividend date of this dividend is Thursday, October 14th.
About Blackrock Resources & Commodities Strategy Trust
BlackRock Resources & Commodities Strategy Trust is a closed-end investment fund/investment trust. Its primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It invests all of its assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.
Further Reading: When can a hold rating present a buying opportunity?
Receive News & Ratings for Blackrock Resources & Commodities Strategy Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Resources & Commodities Strategy Trust and related companies with MarketBeat.com's FREE daily email newsletter.