AllianceBernstein National Municipal Income Fund Short Interest Ratio and Short Volume

Short interest is the volume of AllianceBernstein National Municipal Income Fund shares that have been sold short but have not yet been covered or closed out. As of March 15th, traders have sold 8,400 shares of AFB short.

AllianceBernstein National Municipal Income Fund saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 8,400 shares, a drop of 84.7% from the previous total of 54,900 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.00% of AllianceBernstein National Municipal Income Fund's shares are currently sold short. Here is how the short interest of companies in the industry of "investment trusts/mutual funds" compare to AllianceBernstein National Municipal Income Fund: Aberdeen Global Dynamic Dividend Fund (0.00%), Aberdeen Income Credit Strategies Fund (0.00%), Aberdeen International Inc. (0.00%), Aberdeen Total Dynamic Dividend Fund (0.00%), AllianzGI Convertible & Income 2024 Target Term Fund (0.00%), Apollo Tactical Income Fund Inc. (0.00%), Ares Dynamic Credit Allocation Fund, Inc. (0.00%), BlackRock 2022 Global Income Opportunity Trust (0.00%), BlackRock Corporate High Yield Fund, Inc. (0.00%), and BlackRock Credit Allocation Income Trust (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

Short selling AFB is an investing strategy that aims to generate trading profit from AllianceBernstein National Municipal Income Fund as its price is falling. AllianceBernstein National Municipal Income Fund's stock is trading up $0.03 today. To short AllianceBernstein National Municipal Income Fund stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that AllianceBernstein National Municipal Income Fund will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for AllianceBernstein National Municipal Income Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of AFB, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including AFB, twice per month. The most recent reporting period available is March, 15 2021.