BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) Short Interest Update

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 97,118 shares, a decline of 51.9% from the April 15th total of 201,817 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 813,865 shares, the short-interest ratio is currently 0.1 days.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

Shares of BTX traded down $0.23 on Friday, reaching $8.61. 631,052 shares of the stock traded hands, compared to its average volume of 816,555. The stock’s 50-day moving average price is $7.18 and its 200-day moving average price is $6.87. The firm has a market cap of $506.20 million, a price-to-earnings ratio of -3.79 and a beta of 4.61. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 12 month low of $6.13 and a 12 month high of $8.94.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.0525 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a yield of 7.3%. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s payout ratio is currently -27.75%.

Institutional Trading of BlackRock Tchnlgy nd Prvt Eqty Trm Trst

Several institutional investors have recently bought and sold shares of the stock. PFG Investments LLC boosted its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 7.7% in the 1st quarter. PFG Investments LLC now owns 18,655 shares of the company’s stock valued at $123,000 after buying an additional 1,340 shares in the last quarter. TrueMark Investments LLC boosted its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 5.4% in the 1st quarter. TrueMark Investments LLC now owns 29,708 shares of the company’s stock valued at $196,000 after buying an additional 1,512 shares in the last quarter. WPG Advisers LLC boosted its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 122.8% in the 4th quarter. WPG Advisers LLC now owns 4,546 shares of the company’s stock valued at $30,000 after buying an additional 2,506 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 26.5% in the 1st quarter. Silver Oak Securities Incorporated now owns 17,135 shares of the company’s stock valued at $113,000 after buying an additional 3,587 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 4.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 81,194 shares of the company’s stock valued at $535,000 after buying an additional 3,598 shares in the last quarter. Institutional investors and hedge funds own 26.00% of the company’s stock.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.