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 closed out or covered. As of December 31st, investors have sold 6,000 shares of BFZ short. Learn More on BlackRock California Municipal Income Trust's current short interest.

BlackRock California Municipal Income Trust saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 6,000 shares, a drop of 76.0% from the previous total of 25,000 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 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 down $0.01 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 increases 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 December, 31 2024.