BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 4,200 shares, a drop of 72.9% from the September 30th total of 15,500 shares. Based on an average daily trading volume, of 45,500 shares, the days-to-cover ratio is currently 0.1 days.
BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Down 0.7 %
NYSE BUI traded down $0.16 on Friday, hitting $23.34. The company’s stock had a trading volume of 61,564 shares, compared to its average volume of 52,798. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52-week low of $18.73 and a 52-week high of $24.94. The company’s 50-day simple moving average is $23.62 and its 200 day simple moving average is $22.71.
BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a $0.121 dividend. This represents a $1.45 annualized dividend and a yield of 6.22%. The ex-dividend date of this dividend is Tuesday, October 15th.
Institutional Investors Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust
BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile
BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.
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