Short Interest in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Increases By 6.9%

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 15,500 shares, a growth of 6.9% from the September 15th total of 14,500 shares. Based on an average daily volume of 47,200 shares, the days-to-cover ratio is currently 0.3 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Register Financial Advisors LLC grew its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 13.9% during the second quarter. Register Financial Advisors LLC now owns 4,100 shares of the real estate investment trust’s stock worth $91,000 after acquiring an additional 500 shares during the last quarter. HBC Financial Services PLLC grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 7.9% during the 1st quarter. HBC Financial Services PLLC now owns 6,800 shares of the real estate investment trust’s stock worth $146,000 after purchasing an additional 500 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.0% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 15,249 shares of the real estate investment trust’s stock valued at $333,000 after purchasing an additional 725 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.4% in the second quarter. Commonwealth Equity Services LLC now owns 65,197 shares of the real estate investment trust’s stock worth $1,444,000 after buying an additional 923 shares during the last quarter. Finally, Prairie Wealth Advisors Inc. lifted its stake 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 buying an additional 983 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Performance

Shares of BUI stock traded down $0.14 during mid-day trading on Thursday, hitting $23.82. 44,778 shares of the stock traded hands, compared to its average volume of 53,095. The stock’s fifty day moving average is $23.49 and its two-hundred day moving average is $22.59. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52-week low of $18.73 and a 52-week high of $24.94.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.121 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.45 annualized dividend and a yield of 6.10%.

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.