BlackRock MuniYield Quality Fund III (MYI) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock MuniYield Quality Fund III shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 138,400 shares of MYI short. Learn More on BlackRock MuniYield Quality Fund III's current short interest.

BlackRock MuniYield Quality Fund III saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 138,400 shares, an increase of 56.0% from the previous total of 88,700 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.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to BlackRock MuniYield Quality Fund III: Abrdn Healthcare Investors (0.03%), PIMCO High Income Fund (0.00%), SLR Investment Corp. (0.36%), Nuveen Select Tax-Free Income Portfolio (0.04%), Invesco Municipal Opportunity Trust (0.09%), BlackRock MuniYield Quality Fund, Inc. (0.00%), BlackRock MuniHoldings New Jersey Quality Fund, Inc. (0.03%), Adams Natural Resources Fund, Inc. (0.74%), The India Fund, Inc. (2.18%), John Hancock Financial Opportunities Fund (0.05%),

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 MYI is an investing strategy that aims to generate trading profit from BlackRock MuniYield Quality Fund III as its price is falling. MYI shares are trading up $0.06 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 MuniYield Quality Fund III 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 MYI, 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 MYI, twice per month. The most recent reporting period available is March, 31 2024.