BlackRock New York Municipal Income Trust (NYSE:BNY) Sees Significant Growth in Short Interest

BlackRock New York Municipal Income Trust (NYSE:BNY – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 25,600 shares, a growth of 139.3% from the August 31st total of 10,700 shares. Based on an average daily trading [...]

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BlackRock New York Municipal Income Trust ( NYSE:BNY – Get Free Report ) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 25,600 shares, a growth of 139.3% from the August 31st total of 10,700 shares.

Based on an average daily trading volume, of 47,500 shares, the short-interest ratio is presently 0.5 days. Institutional Investors Weigh In On BlackRock New York Municipal Income Trust Hedge funds have recently bought and sold shares of the company.



Sanctuary Advisors LLC acquired a new stake in shares of BlackRock New York Municipal Income Trust during the second quarter worth $151,000. ORG Partners LLC acquired a new stake in shares of BlackRock New York Municipal Income Trust during the first quarter worth $244,000. Tidal Investments LLC grew its position in BlackRock New York Municipal Income Trust by 8.

5% in the first quarter. Tidal Investments LLC now owns 31,252 shares of the financial services provider’s stock valued at $331,000 after purchasing an additional 2,454 shares in the last quarter. Joel Isaacson & Co.

LLC bought a new position in BlackRock New York Municipal Income Trust in the first quarter valued at $450,000. Finally, Blue Bell Private Wealth Management LLC grew its position in BlackRock New York Municipal Income Trust by 3.9% in the second quarter.

Blue Bell Private Wealth Management LLC now owns 42,446 shares of the financial services provider’s stock valued at $455,000 after purchasing an additional 1,600 shares in the last quarter. BlackRock New York Municipal Income Trust Trading Down 0.1 % BNY opened at $11.

01 on Friday. The firm’s fifty day moving average is $10.81 and its two-hundred day moving average is $10.

67. BlackRock New York Municipal Income Trust has a twelve month low of $8.60 and a twelve month high of $11.

09. BlackRock New York Municipal Income Trust Announces Dividend About BlackRock New York Municipal Income Trust ( Get Free Report ) BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets.

It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. Featured Stories Receive News & Ratings for BlackRock New York Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock New York Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter .

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