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

BlackRock Science and Technology Trust (NYSE:BST) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 53,800 shares, a drop of 31.3% from the January 31st total of 78,300 shares. Based on an average trading volume of 128,000 shares, the short-interest ratio is currently 0.4 days.

Insider Transactions at BlackRock Science and Technology Trust

In other BlackRock Science and Technology Trust news, Portfolio Manager Tony Kim bought 10,264 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was acquired at an average cost of $38.78 per share, with a total value of $398,037.92. Following the purchase, the portfolio manager now owns 41,514 shares in the company, valued at approximately $1,609,912.92. This represents a 32.84 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Hedge Funds Weigh In On BlackRock Science and Technology Trust

A number of large investors have recently made changes to their positions in the stock. Focus Financial Network Inc. lifted its position in shares of BlackRock Science and Technology Trust by 3.0% during the 3rd quarter. Focus Financial Network Inc. now owns 12,688 shares of the company’s stock valued at $450,000 after acquiring an additional 365 shares during the period. B. Riley Wealth Advisors Inc. increased its stake in BlackRock Science and Technology Trust by 4.7% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 8,501 shares of the company’s stock valued at $311,000 after purchasing an additional 381 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in BlackRock Science and Technology Trust by 3.3% during the third quarter. Kingsview Wealth Management LLC now owns 25,039 shares of the company’s stock worth $887,000 after purchasing an additional 795 shares during the last quarter. D.A. Davidson & CO. grew its holdings in BlackRock Science and Technology Trust by 10.8% in the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after purchasing an additional 814 shares during the last quarter. Finally, Hilltop Holdings Inc. increased its position in shares of BlackRock Science and Technology Trust by 6.8% in the third quarter. Hilltop Holdings Inc. now owns 13,216 shares of the company’s stock valued at $468,000 after buying an additional 843 shares in the last quarter.

BlackRock Science and Technology Trust Trading Down 0.6 %

BST stock traded down $0.22 on Tuesday, reaching $35.08. 244,507 shares of the company’s stock were exchanged, compared to its average volume of 149,106. The stock has a fifty day moving average of $37.55 and a 200-day moving average of $36.53. BlackRock Science and Technology Trust has a twelve month low of $31.38 and a twelve month high of $39.59.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 8.55%.

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.