BlackRock Short-Term California Muni Bond ETF (CALY) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock Short-Term California Muni Bond ETF shares that have been sold short but have not yet been closed out or covered. As of September 30th, investors have sold 3,700 shares of CALY short. Learn More on BlackRock Short-Term California Muni Bond ETF'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. CALY shares currently have a short interest ratio of 1.0. Learn More on BlackRock Short-Term California Muni Bond ETF's short interest ratio.

BlackRock Short-Term California Muni Bond ETF saw a increase in short interest in September. As of September 30th, there was short interest totaling 3,700 shares, an increase of 15.6% from the previous total of 3,200 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 compare to BlackRock Short-Term California Muni Bond ETF: First Trust California Municipal High Income ETF (0.20%), First Trust Municipal High Income ETF (0.28%), and First Trust Managed Municipal ETF (0.33%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.04 billion), AppLovin Co. ($2.69 billion), Nu Holdings Ltd. ($2.64 billion), Paychex, Inc. ($2.61 billion), Cencora, Inc. ($2.30 billion), Aptiv PLC ($2.09 billion), Moderna, Inc. ($2.09 billion), Tractor Supply ($2.04 billion), Coinbase Global, Inc. ($1.97 billion), and International Paper ($1.95 billion). View all of the most shorted stocks.

Short selling CALY is an investing strategy that aims to generate trading profit from BlackRock Short-Term California Muni Bond ETF as its price is falling. CALY 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 Short-Term California Muni Bond ETF 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 CALY, 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 CALY, twice per month. The most recent reporting period available is September, 30 2024.