BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Shares Shorted: Short Interest Up 299.4% in October

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 170,494 shares, an increase of 299.4% from the October 15th total of 42,685 shares. Based on an average daily volume of 104,771 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

Several institutional investors have recently modified their holdings of BUI. Wealthspire Retirement LLC raised its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.9% during the 1st quarter. Wealthspire Retirement LLC now owns 124,426 shares of the real estate investment trust’s stock worth $3,282,000 after acquiring an additional 2,275 shares in the last quarter. American Institute for Advanced Investment Management LLP increased its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.1% during the third quarter. American Institute for Advanced Investment Management LLP now owns 42,740 shares of the real estate investment trust’s stock worth $1,066,000 after purchasing an additional 4,600 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.6% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 26,648 shares of the real estate investment trust’s stock valued at $664,000 after purchasing an additional 1,182 shares during the last quarter. Readystate Asset Management LP acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 1st quarter valued at about $597,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 2.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 18,178 shares of the real estate investment trust’s stock valued at $480,000 after purchasing an additional 474 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 0.4%

Shares of BUI opened at $26.38 on Thursday. The stock has a 50 day moving average price of $25.81 and a 200 day moving average price of $27.23. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52-week low of $24.14 and a 52-week high of $30.80.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be given a dividend of $0.1540 per share. This represents a $1.85 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Friday, December 11th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) is a closed-end investment company managed by BlackRock Advisors, LLC. The trust seeks to provide total return and income by investing in companies involved in utilities, infrastructure and the power sector. BUI invests primarily in equity securities, including common and preferred stocks, of businesses that own, develop, operate or provide services to essential infrastructure and energy-related assets. Its portfolio may include electric, gas and water utilities; power generation and transmission companies; renewable energy businesses; and firms supporting transportation, communications and other infrastructure systems.