Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Short Interest Up 37.7% in January

Blackrock Municipal 2030 Target Term Trust (NYSE:BTTGet Free Report) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 136,600 shares, a growth of 37.7% from the January 15th total of 99,200 shares. Based on an average trading volume of 214,800 shares, the short-interest ratio is currently 0.6 days.

Insider Activity at Blackrock Municipal 2030 Target Term Trust

In related news, Portfolio Manager Christian Romaglino sold 1,519 shares of the firm’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $21.12, for a total transaction of $32,081.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hedge Funds Weigh In On Blackrock Municipal 2030 Target Term Trust

Several institutional investors have recently bought and sold shares of the stock. Crewe Advisors LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth $42,000. Wolverine Asset Management LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 2nd quarter worth $43,000. Nations Financial Group Inc. IA ADV purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 1st quarter worth $213,000. Cetera Advisor Networks LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 19.2% in the 1st quarter. Cetera Advisor Networks LLC now owns 9,282 shares of the company’s stock worth $219,000 after buying an additional 1,492 shares in the last quarter. Finally, Equitable Holdings Inc. purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth $233,000.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.2 %

BTT opened at $21.27 on Tuesday. The company has a fifty day moving average of $20.93 and a 200 day moving average of $20.38. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $18.90 and a fifty-two week high of $22.50.

About Blackrock Municipal 2030 Target Term Trust

(Get Free Report)

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax.

Recommended Stories

Receive News & Ratings for Blackrock Municipal 2030 Target Term Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Municipal 2030 Target Term Trust and related companies with MarketBeat.com's FREE daily email newsletter.