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


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Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 133,200 shares, an increase of 94.2% from the December 15th total of 68,600 shares. Based on an average daily volume of 300,900 shares, the short-interest ratio is presently 0.4 days.

Large investors have recently added to or reduced their stakes in the stock. Edmonds Duncan Registered Investment Advisors LLC lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 2.5% during the third quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 90,043 shares of the investment management company’s stock worth $536,000 after buying an additional 2,215 shares in the last quarter. Thrivent Financial for Lutherans grew its position in Blackrock Resources & Commodities Strategy Trust by 1.9% in the third quarter. Thrivent Financial for Lutherans now owns 125,081 shares of the investment management company’s stock valued at $744,000 after acquiring an additional 2,337 shares during the last quarter. LPL Financial LLC grew its position in Blackrock Resources & Commodities Strategy Trust by 0.8% in the third quarter. LPL Financial LLC now owns 311,537 shares of the investment management company’s stock valued at $1,854,000 after acquiring an additional 2,512 shares during the last quarter. Eudaimonia Partners LLC grew its position in Blackrock Resources & Commodities Strategy Trust by 5.2% in the third quarter. Eudaimonia Partners LLC now owns 62,535 shares of the investment management company’s stock valued at $372,000 after acquiring an additional 3,110 shares during the last quarter. Finally, Stifel Financial Corp grew its position in Blackrock Resources & Commodities Strategy Trust by 16.4% in the second quarter. Stifel Financial Corp now owns 26,224 shares of the investment management company’s stock valued at $161,000 after acquiring an additional 3,704 shares during the last quarter.

Shares of NYSE:BCX opened at $8.45 on Thursday. The firm’s 50 day simple moving average is $7.33 and its 200 day simple moving average is $6.52. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $3.27 and a fifty-two week high of $8.50.

The firm also recently announced a monthly dividend, which will be paid on Friday, January 29th. Investors of record on Friday, January 15th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, January 14th. This represents a $0.48 dividend on an annualized basis and a yield of 5.68%.

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.

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