BlackRock Energy and Resources Trust (NYSE:BGR – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 800 shares, a decline of 95.7% from the September 30th total of 18,500 shares. Based on an average daily trading volume, of 97,400 shares, the days-to-cover ratio is currently 0.0 days.
BlackRock Energy and Resources Trust Price Performance
BGR traded up $0.09 during midday trading on Friday, reaching $13.10. 67,401 shares of the company were exchanged, compared to its average volume of 81,854. The stock’s 50-day simple moving average is $12.93 and its 200 day simple moving average is $13.05. BlackRock Energy and Resources Trust has a one year low of $11.86 and a one year high of $13.68.
BlackRock Energy and Resources Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.0754 per share. This represents a $0.90 annualized dividend and a dividend yield of 6.91%. The ex-dividend date is Tuesday, October 15th.
Institutional Investors Weigh In On BlackRock Energy and Resources Trust
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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