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 > Short Volume - dramatic change!!!

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Comment by quinlashon Feb 04, 2020 12:54pm

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Post# 30640662

RE:RE:Short Volume - dramatic change!!!

Opps.. yes, you are right, would help if I looked at the right column for 2 seconds ;) shorting into the 52 week low is a big gamble for small returns. Good to keep on eye on those reports though, lots of room on those short squeezes to make a few bucks or gather extra shares to help drive your average down.

GLTA

Q

snowwolf wrote:
It should mean we hit the bottom, the shorts have moved on (for now) and new money is coming in and the shareprice will react accordingly,, see todays SP. up $0.13

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