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 > Level 2 - 3 min into power hour

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Comment by quinlashon Oct 01, 2020 3:14pm

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Post# 31652462

RE:RE:Level 2 - 3 min into power hour

I have been watching the short trade volume as well, even if the entire volume is covering / buying action they have one hell of a long road ahead of them to cover out those shares. HEXO needs to report some good news and catch these guys while they're still in there.

CougerMilk wrote: I believe yesterday showed shorts covering, short interest down 4-5 million from the peak. High time for Hexo to stop bargain basement dwelling at the bottom of its trading range and move back up over +$1.

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