BlackRock Science and Technology Trust (NYSE:BST) Short Interest Up 135.8% in January

BlackRock Science and Technology Trust (NYSE:BST) was the target of a significant growth in short interest during the month of 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 short-interest ratio is presently 0.6 days.

Institutional Trading of BlackRock Science and Technology Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Wilmington Savings Fund Society FSB purchased a new stake in shares of BlackRock Science and Technology Trust during the third quarter valued at $76,000. World Investment Advisors LLC purchased a new stake in shares of BlackRock Science and Technology Trust during the 3rd quarter valued at about $208,000. Symphony Financial Services Inc. bought a new stake in shares of BlackRock Science and Technology Trust in the fourth quarter worth approximately $215,000. Landscape Capital Management L.L.C. bought a new stake in shares of BlackRock Science and Technology Trust in the third quarter worth approximately $222,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of BlackRock Science and Technology Trust during the fourth quarter valued at approximately $244,000.

BlackRock Science and Technology Trust Trading Up 0.5 %

Shares of NYSE:BST traded up $0.19 during trading on Thursday, reaching $38.61. 40,222 shares of the stock traded hands, compared to its average volume of 146,089. The stock has a 50-day moving average of $37.43 and a two-hundred day moving average of $36.21. BlackRock Science and Technology Trust has a 52-week low of $31.38 and a 52-week high of $39.59.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, February 14th. This represents a $3.00 annualized dividend and a yield of 7.77%.

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.