Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Up 270.7% in July

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 79,577 shares, an increase of 270.7% from the June 30th total of 21,466 shares. Based on an average daily volume of 151,521 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Allied Private Wealth LLC purchased a new position in Blackrock Resources & Commodities Strategy Trust in the second quarter valued at about $28,000. IFP Advisors Inc purchased a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the fourth quarter valued at approximately $30,000. Advocate Investing Services LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at approximately $35,000. Harbour Investments Inc. acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the fourth quarter worth $43,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Blackrock Resources & Commodities Strategy Trust by 431.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after buying an additional 6,041 shares in the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Down 1.4%

Shares of BCX traded down $0.17 during mid-day trading on Tuesday, reaching $11.56. The company had a trading volume of 82,518 shares, compared to its average volume of 237,189. The firm has a fifty day simple moving average of $11.63 and a 200-day simple moving average of $12.09. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $9.40 and a fifty-two week high of $13.86.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.0697 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 7.2%.

About Blackrock Resources & Commodities Strategy Trust

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.