BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > I must be wrong about HEXO....

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Comment by quinlashon Feb 02, 2021 4:29pm

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Post# 32450826

RE:I must be wrong about HEXO....

5 million or so shares in the short poisition and they have to buy to get out.

If they all cover at the same time the squeeze will be epic.. if they cover out slowly over days.. the ramp up will be pretty darn steady. Just hope their margin ratios hold and don't get blown apart, that isn't great for anyone.

Have a great evening everyone.

Q