BlackRock Science and Technology Trust (NYSE:BST) Short Interest Update

BlackRock Science and Technology Trust (NYSE:BST) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 5,700 shares, an increase of 58.3% from the September 15th total of 3,600 shares. Based on an average daily volume of 148,100 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On BlackRock Science and Technology Trust

A number of large investors have recently bought and sold shares of BST. EverSource Wealth Advisors LLC purchased a new position in shares of BlackRock Science and Technology Trust during the first quarter worth approximately $25,000. Larson Financial Group LLC lifted its holdings in shares of BlackRock Science and Technology Trust by 396.5% in the 1st quarter. Larson Financial Group LLC now owns 993 shares of the company’s stock worth $37,000 after buying an additional 793 shares during the period. Compass Wealth Management LLC bought a new position in shares of BlackRock Science and Technology Trust during the 1st quarter worth $37,000. Mirador Capital Partners LP purchased a new position in shares of BlackRock Science and Technology Trust during the first quarter valued at $277,000. Finally, Hartline Investment Corp bought a new stake in shares of BlackRock Science and Technology Trust in the first quarter valued at about $278,000.

BlackRock Science and Technology Trust Price Performance

Shares of BlackRock Science and Technology Trust stock traded up $0.52 on Monday, reaching $37.33. The company had a trading volume of 204,588 shares, compared to its average volume of 116,040. The firm’s 50-day moving average price is $34.88 and its two-hundred day moving average price is $35.77. BlackRock Science and Technology Trust has a 1 year low of $29.62 and a 1 year high of $39.01.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $3.00 annualized dividend and a dividend yield of 8.04%.

BlackRock Science and Technology Trust Company Profile

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.