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Blackrock 2037 Municipal Target Term Trust (BMN) Short Interest Ratio & Short Volume

$24.45
-0.28 (-1.13%)
(As of 05/24/2024 07:00 PM ET)

Blackrock 2037 Municipal Target Term Trust Short Interest Data

Current Short Interest
20,800 shares
Previous Short Interest
14,400 shares
Change Vs. Previous Month
+44.44%
Dollar Volume Sold Short
$500,448.00
Short Interest Ratio
1.0 Days to Cover
Last Record Date
April 30, 2024
Today's Trading Volume
21,000 shares
Average Trading Volume
21,468 shares
Today's Volume Vs. Average
98%
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BMN Short Interest Over Time

BMN Days to Cover Over Time

BMN Percentage of Float Shorted Over Time

Blackrock 2037 Municipal Target Term Trust Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/30/202420,800 shares $500,448.00 +44.4%N/A1 $24.06
4/15/202414,400 shares $344,160.00 +28.6%N/A0.7 $23.90
3/31/202411,200 shares $270,032.00 +5.7%N/A0.5 $24.11
3/15/202410,600 shares $253,870.00 +21.8%N/A0.3 $23.95
2/29/20248,700 shares $207,234.00 +22.5%N/A0.2 $23.82
2/15/20247,100 shares $170,684.00 -28.3%N/A0.2 $24.04
1/31/20249,900 shares $239,481.00 -1.0%N/A0.2 $24.19

BMN Short Interest - Frequently Asked Questions

What is Blackrock 2037 Municipal Target Term Trust's current short interest?

Short interest is the volume of Blackrock 2037 Municipal Target Term Trust shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 20,800 shares of BMN short. Learn More on Blackrock 2037 Municipal Target Term Trust's current short interest.

What is a good short interest ratio for Blackrock 2037 Municipal Target Term Trust?

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. BMN shares currently have a short interest ratio of 1.0. Learn More on Blackrock 2037 Municipal Target Term Trust's short interest ratio.

Is Blackrock 2037 Municipal Target Term Trust's short interest increasing or decreasing?

Blackrock 2037 Municipal Target Term Trust saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 20,800 shares, an increase of 44.4% from the previous total of 14,400 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.

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

What does it mean to sell short Blackrock 2037 Municipal Target Term Trust stock?

Short selling BMN is an investing strategy that aims to generate trading profit from Blackrock 2037 Municipal Target Term Trust as its price is falling. BMN shares are trading down $0.28 today. To short a 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 a stock 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.

How does a short squeeze work against Blackrock 2037 Municipal Target Term Trust?

A short squeeze for Blackrock 2037 Municipal Target Term 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 BMN, which in turn drives the price of the stock up even further.

How often is Blackrock 2037 Municipal Target Term Trust's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BMN, twice per month. The most recent reporting period available is April, 30 2024.



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This page (NYSE:BMN) was last updated on 5/28/2024 by MarketBeat.com Staff

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