BlackRock Credit Allocation Income Trust Short Interest Ratio and Short Volume

Short interest is the volume of BlackRock Credit Allocation Income Trust shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 15,100 shares of BTZ short.

BlackRock Credit Allocation Income Trust saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 15,100 shares, a drop of 63.8% from the previous total of 41,700 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 Credit Allocation Income 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 Credit Allocation Income 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. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling BTZ is an investing strategy that aims to generate trading profit from BlackRock Credit Allocation Income Trust as its price is falling. BlackRock Credit Allocation Income Trust's stock is trading up $0.11 today. To short BlackRock Credit Allocation Income 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 Credit Allocation Income 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 Credit Allocation Income Trust 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 BTZ, 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 BTZ, twice per month. The most recent reporting period available is March, 31 2021.