BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Up 36.1% in January

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 143,671 shares, a growth of 36.1% from the January 15th total of 105,526 shares. Based on an average daily volume of 132,270 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 132,270 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of BlackRock MuniHoldings Fund

A number of institutional investors have recently made changes to their positions in the stock. Noble Wealth Management PBC raised its holdings in BlackRock MuniHoldings Fund by 4.7% during the 4th quarter. Noble Wealth Management PBC now owns 19,136 shares of the company’s stock valued at $225,000 after buying an additional 866 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of BlackRock MuniHoldings Fund by 7.0% during the second quarter. Osaic Holdings Inc. now owns 18,716 shares of the company’s stock worth $210,000 after purchasing an additional 1,227 shares during the period. Park Avenue Securities LLC boosted its holdings in shares of BlackRock MuniHoldings Fund by 1.3% during the fourth quarter. Park Avenue Securities LLC now owns 102,364 shares of the company’s stock worth $1,202,000 after purchasing an additional 1,317 shares during the period. Advisors Asset Management Inc. grew its stake in shares of BlackRock MuniHoldings Fund by 0.4% in the third quarter. Advisors Asset Management Inc. now owns 531,747 shares of the company’s stock worth $6,248,000 after purchasing an additional 1,913 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in BlackRock MuniHoldings Fund by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock valued at $382,000 after purchasing an additional 1,937 shares during the period.

BlackRock MuniHoldings Fund Trading Up 0.1%

Shares of MHD stock traded up $0.01 during trading hours on Tuesday, hitting $11.74. 588,007 shares of the company’s stock were exchanged, compared to its average volume of 223,704. BlackRock MuniHoldings Fund has a 12-month low of $10.79 and a 12-month high of $12.26. The business’s 50 day simple moving average is $11.77 and its 200-day simple moving average is $11.64.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be paid a $0.0595 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock MuniHoldings Fund Company Profile

BlackRock MuniHoldings Fund (NYSE:MHD) is a closed-end management investment company focused on delivering tax-exempt income through a diversified portfolio of municipal securities. The fund’s primary objective is to seek current income exempt from federal income tax, making it a potential option for investors looking to enhance after-tax yield in a fixed-income allocation.

The fund invests predominantly in investment-grade municipal bonds issued by state and local governments, authorities and agencies across the United States.