BLACKROCK Municipal Income TRUST V.BFK.P

Short Position bit too big

[PUNJABI]

Total outstanding shares are 122m float of about 116m shares. The reverse split made the float very small. But the stock has not benefited from the small size of the float.

But the short position for this size float is still too big considering that this stock is lagging the major stocks in the sector. It has moved higher from the bottom and doubled but it did not multiply like big baggers like APHA.

This stocks needs a short squeeze to really pop. Because of the small float, the price spike can be big. Major news or good financials can do it.

Hexo is now trading with the sector but did not make huge gains like some of the major stocks. Its representation in the ETFS is not as big. 




In Canada

Short Positions for HEXO

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : HEXO	2021-02-28	7,125,780	-289,638	122,279,290	5.83
T : HEXO	2021-02-15	7,415,418	53,295	122,162,687	6.07
T : HEXO	2021-01-31	7,362,123	1,646,111	122,162,687	6.03
T : HEXO	2021-01-15	5,716,012	1,053,029	122,162,687	4.68
T : HEXO	2020-12-31	4,662,983	-17,235,161	122,147,187	3.82
T : HEXO	2020-12-15	21,898,144	2,936,342	488,588,748	4.48
T : HEXO	2020-11-30	18,961,802	662,024	483,445,248	3.92
T : HEXO	2020-11-15	18,299,778	1,071,605	483,445,248	3.79
T : HEXO	2020-10-31	17,228,173	-595,339	483,445,248	3.56
T : HEXO	2020-10-15	17,823,512	-2,758,849	483,445,248	3.69
T : HEXO	2020-09-30	20,582,361	1,974,608	483,445,248	4.26
T : HEXO	2020-09-15	18,607,753	874,581	483,445,248	3.85
T : HEXO	2020-08-31	17,733,172	1,893,202	482,465,748	3.68

In USA

https://www.marketbeat.com/stocks/NYSE/HEXO/short-interest/

HEXO (NYSE:HEXO) Short Interest History

Report Date	Total Shares Sold Short	Dollar Volume Sold Short	Change from Previous Report	Percentage of Float Shorted	Days to Cover	Price on Report Date
2/26/2021	9,570,000 shares	$64.79 million	+1.0%	8.3%	1.3	$6.77
2/12/2021	9,480,000 shares	$66.27 million	+19.4%	8.2%	1.1	$6.99
1/29/2021	7,940,000 shares	$81.62 million	-8.3%	6.9%	1	$10.28
1/15/2021	8,660,000 shares	$56.46 million	+51.9%	7.5%	1.2	$6.52
12/31/2020	19,800,000 shares	$100.19 million	+56.9%	17.1%	4.2	$5.06
12/15/2020	19,800,000 shares	$82.17 million	+56.9%	17.1%	4.2	$4.15
11/30/2020	12,620,000 shares	$13.25 million	-14.7%	2.8%	0.7	$1.05
11/15/2020	14,790,000 shares	$16.56 million	+0.8%	3.3%	1.5	$1.12
10/30/2020	14,670,000 shares	$11.00 million	+0.6%	3.2%	1.5	$0.75