BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Up 26.8% in December

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 70,500 shares, a growth of 26.8% from the December 15th total of 55,600 shares. Based on an average daily volume of 49,500 shares, the short-interest ratio is presently 1.4 days.

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

Institutional investors have recently modified their holdings of the business. Prairie Wealth Advisors Inc. lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.9% during the second quarter. Prairie Wealth Advisors Inc. now owns 52,343 shares of the real estate investment trust’s stock worth $1,159,000 after purchasing an additional 983 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 216.6% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 48,017 shares of the real estate investment trust’s stock worth $1,125,000 after acquiring an additional 32,852 shares during the period. Stifel Financial Corp increased its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 36.6% during 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. Wealth Enhancement Advisory Services LLC increased its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 65.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 44,410 shares of the real estate investment trust’s stock worth $1,103,000 after acquiring an additional 17,510 shares during the period. Finally, Consolidated Portfolio Review Corp lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.0% in the third quarter. Consolidated Portfolio Review Corp now owns 43,279 shares of the real estate investment trust’s stock valued at $1,075,000 after purchasing an additional 433 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.0 %

Shares of NYSE BUI traded down $0.01 during trading hours on Friday, reaching $23.48. The stock had a trading volume of 44,766 shares, compared to its average volume of 68,306. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a fifty-two week low of $20.11 and a fifty-two week high of $24.94. The firm has a 50-day moving average of $23.35 and a 200-day moving average of $23.29.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.136 dividend. This represents a $1.63 annualized dividend and a dividend yield of 6.95%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.