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 growth in short interest in October. As of October 31st, there was short interest totalling 12,900 shares, a growth of 207.1% from the October 15th total of 4,200 shares. Based on an average trading volume of 47,100 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BUI. Larson Financial Group LLC lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 204.8% during the 3rd quarter. Larson Financial Group LLC now owns 4,167 shares of the real estate investment trust’s stock worth $103,000 after buying an additional 2,800 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in 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 in the last quarter. Consolidated Portfolio Review Corp lifted its holdings in shares of 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 worth $1,075,000 after acquiring an additional 433 shares during the last quarter. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 3rd quarter valued at approximately $377,000. Finally, SeaCrest Wealth Management LLC bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 3rd quarter valued at approximately $218,000.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Trading Down 0.3 %

BUI stock traded down $0.07 during midday trading on Thursday, reaching $23.24. 29,789 shares of the company were exchanged, compared to its average volume of 53,029. The business has a 50-day moving average price of $23.69 and a two-hundred day moving average price of $22.95. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a one year low of $19.44 and a one year high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.121 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.45 dividend on an annualized basis and a yield of 6.25%.

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.