BlackRock MuniHoldings New York Quality Fund (MHN) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock MuniHoldings New York Quality Fund shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 52,300 shares of MHN short. Learn More on BlackRock MuniHoldings New York Quality Fund'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. MHN shares currently have a short interest ratio of 1.0. Learn More on BlackRock MuniHoldings New York Quality Fund's short interest ratio.

BlackRock MuniHoldings New York Quality Fund saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 52,300 shares, an increase of 101.9% from the previous total of 25,900 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.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to BlackRock MuniHoldings New York Quality Fund: Liberty All-Star Growth Fund, Inc. (0.05%), Putnam Municipal Opportunities Trust (4.97%), Cohen & Steers Total Return Realty Fund, Inc. (0.03%), Putnam Premier Income Trust (0.13%), BlackRock MuniYield Michigan Quality Fund, Inc. (0.01%), MFS Intermediate Income Trust (0.05%), Source Capital, Inc. (0.10%), Barings Corporate Investors (0.00%), Nuveen California Municipal Value Fund (0.02%), Abrdn Life Sciences Investors (0.08%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling MHN is an investing strategy that aims to generate trading profit from BlackRock MuniHoldings New York Quality Fund as its price is falling. MHN shares are trading up $0.03 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.

A short squeeze for BlackRock MuniHoldings New York Quality Fund 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 MHN, 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 MHN, twice per month. The most recent reporting period available is March, 31 2024.