Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Up 37.1% in February

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 150,400 shares, a growth of 37.1% from the February 13th total of 109,700 shares. Based on an average daily trading volume, of 315,100 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BCX. Curio Wealth LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $28,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $35,000. Elequin Capital LP acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the fourth quarter worth about $58,000. Virtu Financial LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $99,000. Finally, Sigma Planning Corp acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the third quarter worth about $104,000.

Blackrock Resources & Commodities Strategy Trust Trading Up 1.3 %

NYSE BCX traded up $0.12 during trading hours on Friday, reaching $9.09. The company had a trading volume of 224,661 shares, compared to its average volume of 233,303. The stock has a 50-day moving average of $9.06 and a 200 day moving average of $9.17. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $8.41 and a 1-year high of $9.74.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.0697 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.84 dividend on an annualized basis and a yield of 9.21%.

About Blackrock Resources & Commodities Strategy Trust

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.