Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Short Interest Down 23.1% in July

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 41,700 shares, a decrease of 23.1% from the June 30th total of 54,200 shares. Based on an average trading volume of 188,300 shares, the short-interest ratio is presently 0.2 days.

Blackrock Resources & Commodities Strategy Trust Stock Up 0.8 %

BCX stock traded up $0.07 during mid-day trading on Tuesday, reaching $9.35. 106,331 shares of the stock traded hands, compared to its average volume of 276,182. Blackrock Resources & Commodities Strategy Trust has a 52 week low of $8.25 and a 52 week high of $9.87. The business has a 50-day moving average of $9.23 and a two-hundred day moving average of $9.00.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th will be given a dividend of $0.0518 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.65%. The ex-dividend date of this dividend is Monday, July 15th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BCX. Allspring Global Investments Holdings LLC grew its stake in shares of Blackrock Resources & Commodities Strategy Trust by 41.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,883,061 shares of the investment management company’s stock valued at $16,722,000 after purchasing an additional 550,047 shares during the last quarter. International Assets Investment Management LLC increased its stake in Blackrock Resources & Commodities Strategy Trust by 788.4% in the 4th quarter. International Assets Investment Management LLC now owns 456,329 shares of the investment management company’s stock valued at $40,520,000 after buying an additional 404,962 shares during the last quarter. Lazard Asset Management LLC increased its stake in Blackrock Resources & Commodities Strategy Trust by 15.2% in the 1st quarter. Lazard Asset Management LLC now owns 2,490,913 shares of the investment management company’s stock valued at $22,617,000 after buying an additional 329,511 shares during the last quarter. Twin Focus Capital Partners LLC acquired a new stake in Blackrock Resources & Commodities Strategy Trust in the 4th quarter valued at $1,220,000. Finally, Quantedge Capital Pte Ltd increased its stake in Blackrock Resources & Commodities Strategy Trust by 146.5% in the 4th quarter. Quantedge Capital Pte Ltd now owns 169,763 shares of the investment management company’s stock valued at $1,507,000 after buying an additional 100,900 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Company Profile

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.