BlackRock California Municipal Income Trust (BFZ) Short Interest Ratio & Short Volume

Short interest is the volume of BlackRock California Municipal Income Trust shares that have been sold short but have not yet been covered or closed out. As of June 30th, traders have sold 162,100 shares of BFZ short. Learn More on BlackRock California Municipal Income Trust'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. BFZ shares currently have a short interest ratio of 2.0. Learn More on BlackRock California Municipal Income Trust's short interest ratio.

BlackRock California Municipal Income Trust saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 162,100 shares, an increase of 11.0% from the previous total of 146,100 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 "financial services" compare to BlackRock California Municipal Income Trust: Blackrock Income Trust (0.28%), BlackRock MuniYield Michigan Quality Fund, Inc. (0.32%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($72.10 billion), Invesco QQQ ($26.89 billion), iShares Russell 2000 ETF ($19.61 billion), MicroStrategy Incorporated ($9.52 billion), iShares 20+ Year Treasury Bond ETF ($8.70 billion), WD-40 Company ($7.66 billion), Technology Select Sector SPDR Fund ($6.10 billion), Invesco S&P 500 Equal Weight ETF ($5.80 billion), Invesco S&P 500 Top 50 ETF ($5.53 billion), and Vanguard Large-Cap ETF ($5.35 billion). View all of the most shorted stocks.

Short selling BFZ is an investing strategy that aims to generate trading profit from BlackRock California Municipal Income Trust as its price is falling. BFZ 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 California Municipal 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 BFZ, 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 BFZ, twice per month. The most recent reporting period available is June, 30 2025.