BlackRock Science and Technology Trust (NYSE:BST) Short Interest Down 91.9% in December

BlackRock Science and Technology Trust (NYSE:BST) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 2,700 shares, a decrease of 91.9% from the November 30th total of 33,300 shares. Based on an average trading volume of 123,000 shares, the days-to-cover ratio is presently 0.0 days.

BlackRock Science and Technology Trust Stock Down 1.3 %

Shares of BlackRock Science and Technology Trust stock traded down $0.49 on Friday, hitting $37.02. The stock had a trading volume of 92,352 shares, compared to its average volume of 114,103. BlackRock Science and Technology Trust has a one year low of $31.38 and a one year high of $39.01. The stock’s 50-day simple moving average is $36.84 and its two-hundred day simple moving average is $36.17.

BlackRock Science and Technology Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 16th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 8.10%.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

A number of large investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new stake in BlackRock Science and Technology Trust during the 3rd quarter valued at approximately $76,000. World Investment Advisors LLC bought a new stake in shares of BlackRock Science and Technology Trust during the 3rd quarter valued at $208,000. Sanctuary Advisors LLC grew its position in shares of BlackRock Science and Technology Trust by 83.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 17,137 shares of the company’s stock worth $625,000 after buying an additional 7,798 shares during the period. Jane Street Group LLC bought a new position in shares of BlackRock Science and Technology Trust in the 3rd quarter worth about $316,000. Finally, Polar Asset Management Partners Inc. purchased a new position in BlackRock Science and Technology Trust during the 3rd quarter valued at about $507,000.

BlackRock Science and Technology Trust Company Profile

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.