BlackRock Massachusetts Tax-Exempt Trust (MHE) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock Massachusetts Tax-Exempt Trust shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 44,700 shares of MHE short. Learn More on BlackRock Massachusetts Tax-Exempt Trust's current short interest.

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. MHE shares currently have a short interest ratio of 8.0. Learn More on BlackRock Massachusetts Tax-Exempt Trust's short interest ratio.

BlackRock Massachusetts Tax-Exempt Trust saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 44,700 shares, an increase of 990.2% from the previous total of 4,100 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.

Here is how the short interest of companies in the sector of "finance" compare to BlackRock Massachusetts Tax-Exempt Trust: Huize Holding Limited (0.36%), MFS Special Value Trust (3.44%), MFS Intermediate High Income Fund (0.05%), OptimumBank Holdings, Inc. (0.11%), Kentucky First Federal Bancorp (0.16%), Greenidge Generation Holdings Inc. (5.87%), Home Federal Bancorp, Inc. of Louisiana (0.13%), U.S. Global Investors, Inc. (0.11%), SHF Holdings, Inc. (0.23%), Atlantic American Co. (1.16%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.58 billion), Charter Communications, Inc. ($5.48 billion), Aon plc ($5.31 billion), Airbnb, Inc. ($3.01 billion), Snap Inc. ($2.99 billion), Warner Bros. Discovery, Inc. ($2.56 billion), The Kroger Co. ($2.29 billion), Expedia Group, Inc. ($2.23 billion), Peloton Interactive, Inc. ($2.19 billion), and GameStop Corp. ($2.03 billion). View all of the most shorted stocks.

Short selling MHE is an investing strategy that aims to generate trading profit from BlackRock Massachusetts Tax-Exempt Trust as its price is falling. 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.

A short squeeze for BlackRock Massachusetts Tax-Exempt 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 MHE, 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 MHE, twice per month. The most recent reporting period available is March, 31 2021.