Short Interest in BlackRock Science and Technology Trust (NYSE:BST) Expands By 185.2%

BlackRock Science and Technology Trust (NYSE:BST) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 7,700 shares, a growth of 185.2% from the December 31st total of 2,700 shares. Based on an average daily volume of 109,700 shares, the short-interest ratio is presently 0.1 days.

BlackRock Science and Technology Trust Trading Up 1.2 %

Shares of NYSE:BST traded up $0.43 during trading on Thursday, reaching $37.75. 123,191 shares of the company traded hands, compared to its average volume of 127,447. BlackRock Science and Technology Trust has a 1-year low of $31.38 and a 1-year high of $39.59. The firm has a fifty day simple moving average of $37.22 and a 200 day simple moving average of $36.08.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, January 15th. This represents a $3.00 dividend on an annualized basis and a yield of 7.95%.

Institutional Trading of BlackRock Science and Technology Trust

Large investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in BlackRock Science and Technology Trust during the third quarter valued at about $76,000. World Investment Advisors LLC acquired a new stake in shares of BlackRock Science and Technology Trust during the 3rd quarter worth about $208,000. Landscape Capital Management L.L.C. bought a new position in shares of BlackRock Science and Technology Trust in the third quarter valued at approximately $222,000. Arkadios Wealth Advisors bought a new position in BlackRock Science and Technology Trust in the 4th quarter valued at $244,000. Finally, D.A. Davidson & CO. boosted its stake in BlackRock Science and Technology Trust by 10.8% in the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock worth $296,000 after purchasing an additional 814 shares in the last quarter.

BlackRock Science and Technology Trust Company Profile

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.