BlackRock MuniYield Quality Fund (MQY) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock MuniYield Quality Fund shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 141,800 shares of MQY short. Learn More on BlackRock MuniYield 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. MQY shares currently have a short interest ratio of 1.0. Learn More on BlackRock MuniYield Quality Fund's short interest ratio.

BlackRock MuniYield Quality Fund saw a drop in short interest in April. As of April 30th, there was short interest totaling 141,800 shares, a drop of 43.9% from the previous total of 252,600 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: SLR Investment Corp. (0.38%), Abrdn Healthcare Investors (0.07%), BlackRock MuniYield Quality Fund III, Inc. (0.10%), MidCap Financial Investment Co. (3.26%), PIMCO High Income Fund (0.04%), Nuveen Select Tax-Free Income Portfolio (0.07%), General American Investors Company, Inc. (0.01%), Nuveen Nasdaq 100 Dynamic Overwrite Fund (0.02%), BlackRock MuniHoldings New Jersey Quality Fund, Inc. (0.06%), Adams Natural Resources Fund, Inc. (1.49%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling MQY is an investing strategy that aims to generate trading profit from BlackRock MuniYield Quality Fund as its price is falling. MQY shares are trading down $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 MuniYield 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 MQY, 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 MQY, twice per month. The most recent reporting period available is April, 30 2024.