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

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 55,600 shares, an increase of 504.3% from the November 30th total of 9,200 shares. Based on an average trading volume of 46,600 shares, the short-interest ratio is currently 1.2 days.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Performance

Shares of BUI stock traded down $0.16 on Thursday, hitting $23.16. The stock had a trading volume of 44,287 shares, compared to its average volume of 51,843. The business has a 50 day moving average of $23.43 and a 200 day moving average of $23.18. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12-month low of $20.11 and a 12-month high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 16th were paid a $0.136 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.63 annualized dividend and a dividend yield of 7.05%.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

A number of institutional investors have recently modified their holdings of the business. Cornerstone Advisors LLC increased its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.4% in the second quarter. Cornerstone Advisors LLC now owns 274,130 shares of the real estate investment trust’s stock worth $6,072,000 after purchasing an additional 30,276 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.4% during the second quarter. Commonwealth Equity Services LLC now owns 65,197 shares of the real estate investment trust’s stock valued at $1,444,000 after acquiring an additional 923 shares during the last quarter. Prairie Wealth Advisors Inc. raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.9% during the 2nd quarter. Prairie Wealth Advisors Inc. now owns 52,343 shares of the real estate investment trust’s stock valued at $1,159,000 after purchasing an additional 983 shares during the last quarter. Stifel Financial Corp lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 36.6% in the third quarter. Stifel Financial Corp now owns 46,952 shares of the real estate investment trust’s stock worth $1,166,000 after acquiring an additional 12,571 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 65.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 44,410 shares of the real estate investment trust’s stock worth $1,103,000 after purchasing an additional 17,510 shares during the period.

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.