BlackRock Technology and Private Equity Term Trust’s recent filing unveils that its 10% Owner Saba Capital Management, L.P. acquired Company’s shares for reported $0.46 million on Jan 07 ’25. In the deal valued at $7.69 per share,59,630 shares were bought. As a result of this transaction, Saba Capital Management, L.P. now holds 60,675,395 shares worth roughly $445.36 million.
Then, Saba Capital Management, L.P. bought 282,123 shares, generating $2,177,990 in total proceeds. Upon buying the shares at $7.72, the 10% Owner now owns 60,615,765 shares.
Before that, Saba Capital Management, L.P. bought 106,617 shares. BlackRock Technology and Private Equity Term Trust shares valued at $795,363 were divested by the 10% Owner at a price of $7.46 per share. As a result of the transaction, Saba Capital Management, L.P. now holds 60,262,743 shares, worth roughly $442.33 million.
Price Performance Review of BTX
On Monday, BlackRock Technology and Private Equity Term Trust [NYSE:BTX] saw its stock fall -0.27% to $7.34. Over the last five days, the stock has lost -1.08%. BlackRock Technology and Private Equity Term Trust shares have risen nearly 0.27% since the year began. Nevertheless, the stocks have fallen -1.34% over the past one year. While a 52-week high of $8.31 was reached on 01/21/25, a 52-week low of $5.10 was recorded on 04/07/25.
Levels Of Support And Resistance For BTX Stock
The 24-hour chart illustrates a support level at 7.30, which if violated will result in even more drops to 7.26. On the upside, there is a resistance level at 7.37. A further resistance level may holdings at 7.41.
How much short interest is there in BlackRock Technology and Private Equity Term Trust?
A steep rise in short interest was recorded in BlackRock Technology and Private Equity Term Trust stocks on 2025-06-13, growing by 0.22 million shares to a total of 0.54 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 0.32 million shares. There was a rise of 40.8%, which implies that there is a positive sentiment for the stock.
