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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.


NYSE:BFK - Post by User

Post by Giocatoreion Nov 11, 2020 10:58am
195 Views
Post# 31877198

Reverse Split => Short Squeeze??

Reverse Split => Short Squeeze??The wild trading volumes over the last few days indicates that the short position may have been covered and then re-established leaving a large short position in place.  Will the reduction in float from 480 million to 60 million cause huge price swings like ACB??  Should be interesting! It  will really get interesting if Hexo has a good 1st quarter. 
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