BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 50.7% in April

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Rating) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 11,100 shares, a decrease of 50.7% from the March 31st total of 22,500 shares. Based on an average daily trading volume, of 139,000 shares, the short-interest ratio is presently 0.1 days.

Several hedge funds and other institutional investors have recently modified their holdings of MHD. Hennion & Walsh Asset Management Inc. boosted its holdings in BlackRock MuniHoldings Fund by 29.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 1,718,893 shares of the company’s stock valued at $28,138,000 after purchasing an additional 391,318 shares during the last quarter. Sit Investment Associates Inc. boosted its holdings in BlackRock MuniHoldings Fund by 2.0% in the third quarter. Sit Investment Associates Inc. now owns 525,760 shares of the company’s stock valued at $8,607,000 after purchasing an additional 10,530 shares during the last quarter. UBS Group AG boosted its holdings in BlackRock MuniHoldings Fund by 8.8% in the third quarter. UBS Group AG now owns 519,097 shares of the company’s stock valued at $8,498,000 after purchasing an additional 41,921 shares during the last quarter. Bramshill Investments LLC boosted its holdings in BlackRock MuniHoldings Fund by 8.4% in the third quarter. Bramshill Investments LLC now owns 507,992 shares of the company’s stock valued at $8,316,000 after purchasing an additional 39,532 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in BlackRock MuniHoldings Fund by 8.7% in the fourth quarter. Wells Fargo & Company MN now owns 456,653 shares of the company’s stock valued at $7,653,000 after purchasing an additional 36,522 shares during the last quarter.

Shares of NYSE MHD opened at $13.07 on Friday. BlackRock MuniHoldings Fund has a 1-year low of $12.86 and a 1-year high of $17.50. The business has a 50-day moving average of $14.00 and a 200-day moving average of $15.44.

The business also recently announced a monthly dividend, which will be paid on Monday, May 2nd. Stockholders of record on Thursday, April 14th will be given a $0.0605 dividend. This represents a $0.73 annualized dividend and a dividend yield of 5.55%. The ex-dividend date is Wednesday, April 13th.

BlackRock MuniHoldings Fund Company Profile (Get Rating)

BlackRock MuniHoldings Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes.

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