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

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

BlackRock Science and Technology Trust Trading Up 0.1 %

Shares of BST opened at $38.90 on Friday. BlackRock Science and Technology Trust has a 1-year low of $31.38 and a 1-year high of $39.59. The company 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 declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $3.00 annualized dividend and a dividend yield of 7.71%.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

Several large investors have recently modified their holdings of BST. Raymond James Financial Inc. bought a new stake in shares of BlackRock Science and Technology Trust in the 4th quarter valued at about $36,425,000. International Assets Investment Management LLC grew its position in shares of BlackRock Science and Technology Trust by 3,329.8% in the 3rd quarter. International Assets Investment Management LLC now owns 551,411 shares of the company’s stock worth $195,420,000 after buying an additional 535,334 shares during the last quarter. 1607 Capital Partners LLC grew its position in shares of BlackRock Science and Technology Trust by 87.6% in the 4th quarter. 1607 Capital Partners LLC now owns 382,122 shares of the company’s stock worth $13,970,000 after buying an additional 178,460 shares during the last quarter. Claro Advisors LLC grew its position in shares of BlackRock Science and Technology Trust by 1,008.1% in the 3rd quarter. Claro Advisors LLC now owns 154,416 shares of the company’s stock worth $5,473,000 after buying an additional 140,481 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its position in shares of BlackRock Science and Technology Trust by 100.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 141,218 shares of the company’s stock worth $5,005,000 after buying an additional 70,885 shares during the last quarter.

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.