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

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 59,100 shares, an increase of 37.1% from the February 13th total of 43,100 shares. Based on an average daily volume of 54,800 shares, the short-interest ratio is currently 1.1 days.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Larson Financial Group LLC boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 204.8% in the third quarter. Larson Financial Group LLC now owns 4,167 shares of the real estate investment trust’s stock valued at $103,000 after acquiring an additional 2,800 shares during the period. SeaCrest Wealth Management LLC boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.9% in the fourth quarter. SeaCrest Wealth Management LLC now owns 9,374 shares of the real estate investment trust’s stock valued at $220,000 after acquiring an additional 603 shares during the period. Mariner LLC bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the fourth quarter valued at about $222,000. Sage Investment Counsel LLC bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the fourth quarter valued at about $227,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 9,859 shares of the real estate investment trust’s stock valued at $231,000 after acquiring an additional 761 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

Shares of NYSE:BUI traded down $0.00 on Tuesday, hitting $22.92. The company had a trading volume of 23,681 shares, compared to its average volume of 51,016. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1-year low of $20.11 and a 1-year high of $24.94. The stock has a 50 day moving average price of $23.01 and a 200 day moving average price of $23.36.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.136 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.63 annualized dividend and a dividend yield of 7.12%.

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.