Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Update

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 49,316 shares, a decline of 53.9% from the August 15th total of 106,937 shares. Based on an average trading volume of 166,774 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

A number of institutional investors and hedge funds have recently bought and sold shares of BCX. Allied Private Wealth LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the 2nd quarter valued at about $28,000. IFP Advisors Inc purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at approximately $30,000. Advocate Investing Services LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at approximately $35,000. Harbour Investments Inc. acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at approximately $43,000. Finally, Geneos Wealth Management Inc. lifted its position in Blackrock Resources & Commodities Strategy Trust by 431.2% during the first quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after buying an additional 6,041 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE BCX opened at $12.91 on Monday. The business has a fifty day moving average price of $12.33 and a 200 day moving average price of $12.16. Blackrock Resources & Commodities Strategy Trust has a one year low of $9.68 and a one year high of $13.86.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be given a $0.0697 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, December 11th.

About Blackrock Resources & Commodities Strategy Trust

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.

The trust pursues its objectives through a combination of direct and indirect instruments.