BlackRock Income Trust (BKT) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock Income Trust shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 31,200 shares of BKT short. Learn More on BlackRock Income Trust's current short interest.

BlackRock Income Trust saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 31,200 shares, a decrease of 56.7% from the previous total of 72,000 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 Income Trust: Sprott Focus Trust, Inc. (0.02%), BlackRock MuniYield Quality Fund II, Inc. (0.02%), BlackRock MuniVest Fund II, Inc. (0.02%), TCW Strategic Income Fund, Inc. (0.16%), PIMCO Strategic Income Fund, Inc. (0.49%), MFS Multimarket Income Trust (0.06%), BlackRock Investment Quality Municipal Trust Inc. (0.73%), Putnam Managed Municipal Income Trust (0.16%), Invesco Trust for Investment Grade New York Municipals (0.37%), Templeton Dragon Fund, Inc. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling BKT is an investing strategy that aims to generate trading profit from BlackRock Income Trust as its price is falling. BKT shares are trading up $0.08 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 Income 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 BKT, 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 BKT, twice per month. The most recent reporting period available is April, 15 2024.