43K shares changed hands on Wednesday. Volume was up 200.65% over the stocks average daily volume.
Traders are more bullish on shares of Blackrock New York Muni Income Trust recently if you consider the decrease in short interest. The stock had a fall in short interest between October 13, 2017 and October 31, 2017 of -70.38%. Short interest decreased 2,388 over that period. Days to cover decreased -1.0 to 0.0 and the short interest percentage is inf% as of October 31.
These funds have shifted positions in (BSE). Raymond James Financial Services Advisors, Inc. grew its investment by buying 609 shares an increase of 3.7% as of 09/30/2017. Raymond James Financial Services Advisors, Inc. claims 17,087 shares valued at $229,000. The total value of its holdings increased 3.6%. Morgan Stanley downsized its holdings by selling 215 shares a decrease of 20.4%. Morgan Stanley owns 837 shares with a value of $11,000. The value of the position overall is down by 21.4%.
As of the end of the quarter Wolverine Asset Management LLC had disposed of a total of 2,903 shares trimming its holdings by 17.6%. The value of the investment in Blackrock New York Muni Income Trust went from $220,000 to $182,000 a change of $38,000 quarter to quarter. As of quarter end Guggenheim Capital LLC had bought 12,136 shares growing its stake by 8.0%. The value of the investment in (BSE) increased from $2,029,000 to $2,196,000 increasing 8.2% for the reporting period.
The company is up from yesterday’s close of -313.38.
BlackRock New York Insured Municipal Income Trust (the Trust) is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from federal income taxes (including the alternative minimum tax), and New York State and New York City personal income taxes. The Trust manages its assets so that at the time of investment, at least 80% of its managed assets are invested in municipal bonds rated in the highest category (AAA by S&P or Fitch or Aaa by Moody?s) or, if unrated, determined to be of comparable quality by BlackRock, Inc..