BlackRock Energy and Resources Trust (NYSE:BGR) Stock Short Interest Report for September

BlackRock Energy and Resources Trust (NYSE:BGR) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 64,986 shares, an increase of 637.7% from the September 15th total of 8,809 shares. Based on an average daily volume of 110,516 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On BlackRock Energy and Resources Trust

Large investors have recently modified their holdings of the business. SHP Wealth Management purchased a new position in shares of BlackRock Energy and Resources Trust in the 4th quarter valued at approximately $31,000. Integrated Wealth Concepts LLC purchased a new stake in BlackRock Energy and Resources Trust during the 2nd quarter worth approximately $57,000. Rockefeller Capital Management L.P. increased its stake in BlackRock Energy and Resources Trust by 286.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,278 shares of the company’s stock valued at $71,000 after purchasing an additional 3,911 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in BlackRock Energy and Resources Trust by 14.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,811 shares of the company’s stock valued at $101,000 after purchasing an additional 720 shares in the last quarter. Finally, Parallel Advisors LLC purchased a new position in shares of BlackRock Energy and Resources Trust in the first quarter worth $101,000.

BlackRock Energy and Resources Trust Stock Up 1.0%

BGR stock traded up $0.17 on Friday, hitting $17.72. 133,599 shares of the company’s stock were exchanged, compared to its average volume of 129,864. BlackRock Energy and Resources Trust has a 12-month low of $12.92 and a 12-month high of $17.92. The firm has a 50 day moving average price of $17.11 and a two-hundred day moving average price of $16.38.

BlackRock Energy and Resources Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be issued a $0.0973 dividend. This represents a $1.17 annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust (NYSE:BGR) is a closed-end investment company managed by BlackRock Advisors, LLC. The trust seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity securities of companies involved in the energy and natural resources sectors.

Its portfolio may include businesses engaged in the exploration, production, processing, transportation and distribution of energy commodities, as well as companies involved in metals, mining and other natural-resource activities.