BlackRock Science and Technology Trust Short Interest Ratio and Short Volume

Short interest is the volume of BlackRock Science and Technology Trust shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 122,700 shares of BST 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 Science and Technology Trust currently has a short interest ratio of 1.0.

BlackRock Science and Technology Trust saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 122,700 shares, an increase of 76.3% from the previous total of 69,600 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 Science and Technology 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 Science and Technology 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: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling BST is an investing strategy that aims to generate trading profit from BlackRock Science and Technology Trust as its price is falling. BlackRock Science and Technology Trust's stock is trading down $0.53 today. To short BlackRock Science and Technology 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 Science and Technology 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 Science and Technology 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 BST, 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 BST, twice per month. The most recent reporting period available is April, 15 2021.