BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Short Interest Update

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 59,100 shares, an increase of 37.1% from the February 13th total of 43,100 shares. Based on an average daily volume of 54,800 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in BUI. Baird Financial Group Inc. increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.1% during the fourth quarter. Baird Financial Group Inc. now owns 19,361 shares of the real estate investment trust’s stock worth $454,000 after buying an additional 574 shares during the last quarter. SeaCrest Wealth Management LLC increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.9% during the fourth quarter. SeaCrest Wealth Management LLC now owns 9,374 shares of the real estate investment trust’s stock worth $220,000 after buying an additional 603 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.4% during the third quarter. B. Riley Wealth Advisors Inc. now owns 15,241 shares of the real estate investment trust’s stock worth $369,000 after buying an additional 639 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,859 shares of the real estate investment trust’s stock worth $231,000 after buying an additional 761 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 15.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 12,898 shares of the real estate investment trust’s stock worth $302,000 after buying an additional 1,700 shares during the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Performance

BlackRock Utilities, Infrastructure & Power Opportunities Trust stock traded down $0.00 during trading hours on Tuesday, reaching $22.92. 23,681 shares of the company’s stock traded hands, compared to its average volume of 51,016. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a fifty-two week low of $20.11 and a fifty-two week high of $24.94. The firm’s 50 day moving average is $23.01 and its 200-day moving average is $23.36.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.136 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.12%.

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.