BlackRock Energy and Resources Trust (NYSE:BGR – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 18,500 shares, a growth of 12.1% from the September 15th total of 16,500 shares. Based on an average daily volume of 97,200 shares, the short-interest ratio is currently 0.2 days.
BlackRock Energy and Resources Trust Trading Down 2.4 %
BGR stock traded down $0.31 during midday trading on Tuesday, reaching $12.87. 37,867 shares of the company’s stock traded hands, compared to its average volume of 81,130. The company has a 50-day moving average price of $12.93 and a two-hundred day moving average price of $13.08. BlackRock Energy and Resources Trust has a 52 week low of $11.86 and a 52 week high of $13.68.
BlackRock Energy and Resources Trust Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.0754 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.90 dividend on an annualized basis and a yield of 7.03%.
Institutional Inflows and Outflows
BlackRock Energy and Resources Trust Company Profile
BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.
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