Short Interest in BlackRock Science and Technology Trust (NYSE:BST) Expands By 185.2%

BlackRock Science and Technology Trust (NYSE:BST) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 7,700 shares, a growth of 185.2% from the December 15th total of 2,700 shares. Based on an average trading volume of 109,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

Several institutional investors have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new stake in BlackRock Science and Technology Trust in the third quarter valued at approximately $76,000. World Investment Advisors LLC bought a new stake in BlackRock Science and Technology Trust during the 3rd quarter valued at $208,000. Landscape Capital Management L.L.C. purchased a new stake in BlackRock Science and Technology Trust during the 3rd quarter valued at $222,000. D.A. Davidson & CO. boosted its position in BlackRock Science and Technology Trust by 10.8% during the 3rd quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after buying an additional 814 shares during the period. Finally, Jane Street Group LLC bought a new stake in BlackRock Science and Technology Trust in the 3rd quarter worth $316,000.

BlackRock Science and Technology Trust Trading Down 0.4 %

Shares of NYSE:BST opened at $36.67 on Tuesday. The company’s fifty day moving average is $36.96 and its 200 day moving average is $36.12. BlackRock Science and Technology Trust has a 52 week low of $31.38 and a 52 week high of $39.01.

BlackRock Science and Technology Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $3.00 annualized dividend and a dividend yield of 8.18%.

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.