Short Interest in Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Increases By 145.4%

Posted by Geri Gentry on Jun 29th, 2026

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN – Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 9,159 shares, an increase of 145.4% from the May 31st total of 3,732 shares. Based on an average daily volume of 7,043 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Narwhal Capital Management lifted its holdings in Blackrock 2037 Municipal Target Term Trust by 2.1% in the 4th quarter. Narwhal Capital Management now owns 19,392 shares of the company’s stock worth $508,000 after buying an additional 405 shares during the period. Invesco Ltd. raised its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 4.6% during the fourth quarter. Invesco Ltd. now owns 18,264 shares of the company’s stock valued at $478,000 after acquiring an additional 802 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 5.6% during the third quarter. Raymond James Financial Inc. now owns 32,904 shares of the company’s stock valued at $825,000 after acquiring an additional 1,746 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 17.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,546 shares of the company’s stock valued at $355,000 after acquiring an additional 2,009 shares in the last quarter. Finally, Van ECK Associates Corp lifted its stake in Blackrock 2037 Municipal Target Term Trust by 8.7% in the third quarter. Van ECK Associates Corp now owns 27,665 shares of the company’s stock worth $694,000 after acquiring an additional 2,218 shares during the period.

Blackrock 2037 Municipal Target Term Trust Price Performance

Blackrock 2037 Municipal Target Term Trust stock traded up $0.07 during trading hours on Monday, reaching $25.69. The stock had a trading volume of 11,848 shares, compared to its average volume of 9,286. Blackrock 2037 Municipal Target Term Trust has a 52 week low of $23.96 and a 52 week high of $27.96. The company has a fifty day simple moving average of $25.80 and a 200-day simple moving average of $26.13.

Blackrock 2037 Municipal Target Term Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.0938 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 15th.

Blackrock 2037 Municipal Target Term Trust Company Profile

(Get Free Report)

BlackRock 2037 Municipal Target Term Trust (NYSE:BMN) is a closed-end management investment company sponsored by BlackRock, Inc, one of the world’s largest asset managers. The trust was established to provide investors with exposure to a diversified portfolio of U.S. municipal securities and seeks to deliver federally tax-exempt income. As a target-term fund, BMN has a predetermined termination date of January 23, 2037, at which time the trust’s assets will be liquidated and net proceeds distributed to shareholders.

The fund’s investment objective is current income exempt from regular U.S.