BlackRock Science and Technology Trust (NYSE:BST) Sees Large Growth in Short Interest

BlackRock Science and Technology Trust (NYSE:BST) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 78,300 shares, an increase of 135.8% from the January 15th total of 33,200 shares. Based on an average trading volume of 128,700 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

A number of institutional investors have recently added to or reduced their stakes in BST. Wilmington Savings Fund Society FSB acquired a new stake in shares of BlackRock Science and Technology Trust in the third quarter worth approximately $76,000. World Investment Advisors LLC acquired a new position in BlackRock Science and Technology Trust in the 3rd quarter valued at $208,000. Symphony Financial Services Inc. purchased a new position in BlackRock Science and Technology Trust in the 4th quarter valued at $215,000. Landscape Capital Management L.L.C. acquired a new stake in BlackRock Science and Technology Trust during the 3rd quarter worth $222,000. Finally, Arkadios Wealth Advisors purchased a new stake in shares of BlackRock Science and Technology Trust during the fourth quarter worth $244,000.

BlackRock Science and Technology Trust Stock Up 0.1 %

NYSE BST opened at $38.90 on Friday. BlackRock Science and Technology Trust has a twelve month low of $31.38 and a twelve month high of $39.59. The stock has a 50-day moving average of $37.47 and a 200 day moving average of $36.26.

BlackRock Science and Technology Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 7.71%.

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.