BlackRock Science and Technology Trust (NYSE:BST) Short Interest Update

BlackRock Science and Technology Trust (NYSE:BST) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 2,700 shares, a decrease of 91.9% from the November 30th total of 33,300 shares. Based on an average trading volume of 123,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in shares of BlackRock Science and Technology Trust during the third quarter worth approximately $76,000. Larson Financial Group LLC increased its stake in BlackRock Science and Technology Trust by 251.8% during the 2nd quarter. Larson Financial Group LLC now owns 3,493 shares of the company’s stock worth $132,000 after acquiring an additional 2,500 shares during the period. World Investment Advisors LLC acquired a new position in BlackRock Science and Technology Trust in the 3rd quarter valued at $208,000. Landscape Capital Management L.L.C. bought a new stake in shares of BlackRock Science and Technology Trust during the 3rd quarter valued at $222,000. Finally, D.A. Davidson & CO. lifted its position in shares of BlackRock Science and Technology Trust by 10.8% during the 3rd quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after acquiring an additional 814 shares during the period.

BlackRock Science and Technology Trust Price Performance

Shares of NYSE BST traded down $0.49 during trading hours on Friday, reaching $37.02. 92,352 shares of the stock were exchanged, compared to its average volume of 114,103. The stock’s fifty day simple moving average is $36.84 and its 200 day simple moving average is $36.17. BlackRock Science and Technology Trust has a 52 week low of $31.38 and a 52 week high of $39.01.

BlackRock Science and Technology Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 16th were given a dividend of $0.25 per share. This represents a $3.00 annualized dividend and a yield of 8.10%. The ex-dividend date of this dividend was Monday, December 16th.

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.