Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Down 56.4% in June

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 21,466 shares, a drop of 56.4% from the June 15th total of 49,243 shares. Based on an average daily trading volume, of 314,812 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Institutional investors have recently modified their holdings of the company. Allied Private Wealth LLC acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the second quarter valued at $28,000. IFP Advisors Inc bought a new stake in Blackrock Resources & Commodities Strategy Trust in the 4th quarter valued at $30,000. Advocate Investing Services LLC bought a new stake in Blackrock Resources & Commodities Strategy Trust in the 4th quarter valued at $35,000. Harbour Investments Inc. acquired a new position in shares of Blackrock Resources & Commodities Strategy Trust in the 4th quarter valued at $43,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 431.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock valued at $69,000 after buying an additional 6,041 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Down 1.2%

BCX stock traded down $0.14 during trading on Wednesday, reaching $11.51. 118,055 shares of the stock were exchanged, compared to its average volume of 243,384. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $9.40 and a twelve month high of $13.86. The stock has a 50 day simple moving average of $11.76 and a 200-day simple moving average of $12.06.

Blackrock Resources & Commodities Strategy Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.0697 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

Blackrock Resources & Commodities Strategy Trust Company Profile

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.