BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Update

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 186,172 shares, an increase of 170.7% from the June 30th total of 68,773 shares. Based on an average daily volume of 456,831 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Scarborough Advisors LLC boosted its stake in BlackRock MuniHoldings Fund by 2.3% during the 4th quarter. Scarborough Advisors LLC now owns 38,796 shares of the company’s stock valued at $455,000 after purchasing an additional 887 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of BlackRock MuniHoldings Fund by 7.0% during the 2nd quarter. Osaic Holdings Inc. now owns 18,716 shares of the company’s stock worth $210,000 after acquiring an additional 1,227 shares during the period. World Investment Advisors boosted its position in shares of BlackRock MuniHoldings Fund by 12.2% during the 1st quarter. World Investment Advisors now owns 11,500 shares of the company’s stock valued at $130,000 after acquiring an additional 1,251 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of 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 acquiring an additional 1,937 shares in the last quarter. Finally, Hollencrest Capital Management bought a new stake in BlackRock MuniHoldings Fund in the first quarter valued at about $26,000.

BlackRock MuniHoldings Fund Stock Performance

MHD traded up $0.07 on Wednesday, reaching $11.57. 54,803 shares of the company traded hands, compared to its average volume of 357,413. The stock’s 50 day moving average price is $11.71 and its 200-day moving average price is $11.73. BlackRock MuniHoldings Fund has a 52-week low of $10.99 and a 52-week high of $12.08.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.0595 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%.

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.