BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Up 504.3% in December

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 55,600 shares, a growth 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.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

A number of hedge funds and other institutional investors have recently modified their holdings of BUI. Commonwealth Equity Services LLC raised its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.4% in the 2nd 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 period. Consolidated Portfolio Review Corp lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 254.8% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 42,846 shares of the real estate investment trust’s stock valued at $949,000 after purchasing an additional 30,771 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 718.6% in the second quarter. Larson Financial Group LLC now owns 1,367 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 1,200 shares during the period. Cornerstone Advisors LLC grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 12.4% during the 2nd 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. Finally, Prairie Wealth Advisors Inc. increased its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.9% in 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 acquiring an additional 983 shares during the period.

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

Shares of BUI stock traded down $0.01 during trading hours on Friday, hitting $23.15. 35,005 shares of the company’s stock were exchanged, compared to its average volume of 51,772. The firm has a 50 day moving average of $23.42 and a two-hundred day moving average of $23.18. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a fifty-two week low of $20.11 and a fifty-two week high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

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

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.