BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Update

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 53,460 shares, a decline of 43.6% from the April 15th total of 94,855 shares. Based on an average daily volume of 78,765 shares, the days-to-cover ratio is currently 0.7 days.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

BlackRock Utilities, Infrastructure & Power Opportunities Trust stock opened at $27.32 on Tuesday. The business’s fifty day moving average is $27.02 and its two-hundred day moving average is $26.99. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52 week low of $23.56 and a 52 week high of $30.80.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.136 per share. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Monday, June 15th.

Hedge Funds Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust

Several large investors have recently made changes to their positions in BUI. PMG Family Office LLC acquired a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the third quarter valued at about $878,000. LPL Financial LLC lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 24.5% in the fourth quarter. LPL Financial LLC now owns 168,406 shares of the real estate investment trust’s stock valued at $4,326,000 after buying an additional 33,130 shares during the period. Ameriprise Financial Inc. lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 7.0% in the second quarter. Ameriprise Financial Inc. now owns 493,863 shares of the real estate investment trust’s stock valued at $12,717,000 after buying an additional 32,270 shares during the period. Wells Fargo & Company MN lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 20.9% in the fourth quarter. Wells Fargo & Company MN now owns 164,337 shares of the real estate investment trust’s stock valued at $4,222,000 after buying an additional 28,382 shares during the period. Finally, OpenArc Corporate Advisory LLC acquired a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the fourth quarter valued at about $720,000.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI) is a closed-end management investment company that seeks to provide investors with a diversified portfolio of global utilities, infrastructure and power-related securities. Managed by BlackRock Advisors, the trust taps into BlackRock’s expansive research platform to identify companies involved in the generation, transmission and distribution of essential services such as electricity, water, transportation and renewable energy.

The trust’s primary objective is total return, emphasizing both current income and capital appreciation.