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

BlackRock Science and Technology Trust (NYSE:BST) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 56,400 shares, a growth of 889.5% from the September 30th total of 5,700 shares. Based on an average daily trading volume, of 143,700 shares, the days-to-cover ratio is currently 0.4 days.

BlackRock Science and Technology Trust Trading Down 0.1 %

Shares of BST stock traded down $0.05 during trading hours on Friday, hitting $36.36. The company had a trading volume of 91,232 shares, compared to its average volume of 115,207. BlackRock Science and Technology Trust has a 12 month low of $29.62 and a 12 month high of $39.01. The firm’s fifty day moving average is $35.30 and its 200 day moving average is $35.81.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid 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 yield of 8.25%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC bought a new position in BlackRock Science and Technology Trust during the 1st quarter valued at about $25,000. Larson Financial Group LLC boosted 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 acquiring an additional 793 shares in the last quarter. Mirador Capital Partners LP acquired a new stake in BlackRock Science and Technology Trust during the 1st quarter valued at $277,000. Hartline Investment Corp bought a new position in BlackRock Science and Technology Trust in the 1st quarter valued at $278,000. Finally, Sanctuary Advisors LLC acquired a new position in BlackRock Science and Technology Trust in the second quarter worth $326,000.

About BlackRock Science and Technology Trust

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.