BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) Short Interest Update

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 97,118 shares, a decline of 51.9% from the April 15th total of 201,817 shares. Based on an average daily volume of 813,865 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of BlackRock Tchnlgy nd Prvt Eqty Trm Trst

Several institutional investors and hedge funds have recently bought and sold shares of BTX. Lazard Asset Management LLC bought a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the fourth quarter worth $22,266,000. Penserra Capital Management LLC bought a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter worth about $18,344,000. Invesco Ltd. acquired a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter valued at about $10,719,000. Raymond James Financial Inc. bought a new stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter valued at about $9,000,000. Finally, Absolute Investment Advisers LLC grew its position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 144.4% during the 1st quarter. Absolute Investment Advisers LLC now owns 1,549,398 shares of the company’s stock valued at $10,226,000 after buying an additional 915,474 shares during the last quarter. Institutional investors and hedge funds own 26.00% of the company’s stock.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Trading Up 2.4%

BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock opened at $8.84 on Friday. The stock has a market cap of $519.73 million, a P/E ratio of -3.89 and a beta of 4.61. The stock has a 50 day moving average of $7.14 and a 200-day moving average of $6.86. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 52 week low of $6.13 and a 52 week high of $8.94.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.0525 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a yield of 7.1%. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s dividend payout ratio is currently -27.75%.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.