BlackRock MuniYield Pennsylvania Quality Fund (MPA) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock MuniYield Pennsylvania Quality Fund shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 60,800 shares of MPA short. Learn More on BlackRock MuniYield Pennsylvania 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. MPA shares currently have a short interest ratio of 2.0. Learn More on BlackRock MuniYield Pennsylvania Quality Fund's short interest ratio.

BlackRock MuniYield Pennsylvania Quality Fund saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 60,800 shares, an increase of 130.3% from the previous total of 26,400 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 Pennsylvania Quality Fund: Barings Participation Investors (0.19%), Nuveen New York Municipal Value Fund (0.13%), The Gabelli Multimedia Trust Inc. (0.67%), Putnam Master Intermediate Income Trust (0.30%), Invesco Bond Fund (0.09%), Special Opportunities Fund, Inc. (0.05%), Templeton Emerging Markets Fund (0.06%), Nuveen Virginia Quality Municipal Income Fund (0.05%), Oxford Square Capital Corp. (0.24%), Nuveen Arizona Quality Municipal Income Fund (0.02%),

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 MPA is an investing strategy that aims to generate trading profit from BlackRock MuniYield Pennsylvania Quality Fund as its price is falling. MPA shares are trading down $0.02 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 Pennsylvania Quality Fund 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 MPA, 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 MPA, twice per month. The most recent reporting period available is April, 15 2024.