BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 32.3% in February

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 64,069 shares, a drop of 32.3% from the February 12th total of 94,667 shares. Based on an average daily volume of 509,833 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 509,833 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On BlackRock MuniHoldings Fund

Several hedge funds have recently bought and sold shares of MHD. Rivernorth Capital Management LLC increased its stake in shares of BlackRock MuniHoldings Fund by 0.7% in the fourth quarter. Rivernorth Capital Management LLC now owns 4,172,151 shares of the company’s stock worth $48,981,000 after buying an additional 29,950 shares during the period. Mackay Shields LLC grew its position in shares of BlackRock MuniHoldings Fund by 1.9% in the 3rd quarter. Mackay Shields LLC now owns 2,166,270 shares of the company’s stock worth $25,454,000 after buying an additional 39,723 shares during the last quarter. Guggenheim Capital LLC increased its stake in shares of BlackRock MuniHoldings Fund by 0.6% during the second quarter. Guggenheim Capital LLC now owns 1,073,824 shares of the company’s stock valued at $12,027,000 after buying an additional 6,333 shares during the period. Bank of America Corp DE increased its stake in shares of BlackRock MuniHoldings Fund by 8.3% during the second quarter. Bank of America Corp DE now owns 822,170 shares of the company’s stock valued at $9,208,000 after buying an additional 63,038 shares during the period. Finally, Advisors Asset Management Inc. raised its holdings in shares of BlackRock MuniHoldings Fund by 21.2% during the fourth quarter. Advisors Asset Management Inc. now owns 644,275 shares of the company’s stock valued at $7,564,000 after acquiring an additional 112,528 shares in the last quarter.

BlackRock MuniHoldings Fund Stock Performance

Shares of NYSE:MHD traded down $0.08 during midday trading on Friday, reaching $11.66. 339,468 shares of the company traded hands, compared to its average volume of 303,881. The firm’s fifty day moving average price is $11.84 and its two-hundred day moving average price is $11.72. BlackRock MuniHoldings Fund has a 12 month low of $10.79 and a 12 month high of $12.05.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.0595 dividend. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Monday, June 15th.

About BlackRock MuniHoldings Fund

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.