BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Update

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 83,600 shares, a growth of 41.5% from the February 28th total of 59,100 shares. Based on an average daily volume of 54,900 shares, the short-interest ratio is presently 1.5 days.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 0.6 %

Shares of BUI stock traded up $0.14 during trading hours on Tuesday, hitting $22.77. The company’s stock had a trading volume of 39,471 shares, compared to its average volume of 50,104. The business has a fifty day moving average of $22.92 and a 200-day moving average of $23.32. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a twelve month low of $20.11 and a twelve month high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.136 per share. This represents a $1.63 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date of this dividend was Friday, March 14th.

Hedge Funds Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust

Institutional investors have recently made changes to their positions in the stock. Baird Financial Group Inc. boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.1% during the fourth quarter. Baird Financial Group Inc. now owns 19,361 shares of the real estate investment trust’s stock valued at $454,000 after acquiring an additional 574 shares during the last quarter. SeaCrest Wealth Management LLC lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.9% in the 4th quarter. SeaCrest Wealth Management LLC now owns 9,374 shares of the real estate investment trust’s stock valued at $220,000 after purchasing an additional 603 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.4% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 15,241 shares of the real estate investment trust’s stock worth $369,000 after purchasing an additional 639 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,859 shares of the real estate investment trust’s stock worth $231,000 after buying an additional 761 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 15.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 12,898 shares of the real estate investment trust’s stock worth $302,000 after buying an additional 1,700 shares in the last quarter.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust

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.