BlackRock Municipal Income Investment Trust Short Interest Ratio and Short Volume

Short interest is the volume of BlackRock Municipal Income Investment Trust shares that have been sold short but have not yet been closed out or covered. As of January 29th, traders have sold 19,500 shares of BBF short.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. BlackRock Municipal Income Investment Trust currently has a short interest ratio of 1.0.

BlackRock Municipal Income Investment Trust saw a increase in short interest in January. As of January 29th, there was short interest totaling 19,500 shares, an increase of 926.3% from the previous total of 1,900 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 BlackRock Municipal Income Investment Trust's shares are currently sold short. Here is how the short interest of companies in the industry of "investment trusts/mutual funds" compare to BlackRock Municipal Income Investment Trust: 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%), AllianceBernstein National Municipal Income 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%), and BlackRock Corporate High Yield Fund, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling BBF is an investing strategy that aims to generate trading profit from BlackRock Municipal Income Investment Trust as its price is falling. BlackRock Municipal Income Investment Trust's stock is trading down $0.14 today. To short BlackRock Municipal Income Investment Trust 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 BlackRock Municipal Income Investment Trust 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 BlackRock Municipal Income Investment Trust occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of BBF, 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 BBF, twice per month. The most recent reporting period available is January, 29 2021.