BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Short Interest Down 28.7% in April

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJGet Rating) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 21,100 shares, a decrease of 28.7% from the April 15th total of 29,600 shares. Based on an average daily trading volume, of 88,800 shares, the days-to-cover ratio is currently 0.2 days.

MUJ stock opened at $12.83 on Friday. The firm has a 50-day simple moving average of $13.12 and a two-hundred day simple moving average of $14.36. BlackRock MuniHoldings New Jersey Quality Fund has a one year low of $12.47 and a one year high of $16.28.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, June 1st. Stockholders of record on Monday, May 16th will be issued a dividend of $0.063 per share. The ex-dividend date of this dividend is Friday, May 13th. This represents a $0.76 annualized dividend and a dividend yield of 5.89%.

In other news, Portfolio Manager Theodore R. Jaeckel, Jr. purchased 3,890 shares of the firm’s stock in a transaction on Tuesday, March 29th. The stock was acquired at an average cost of $12.94 per share, with a total value of $50,336.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 9.9% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 10,308 shares of the financial services provider’s stock worth $138,000 after buying an additional 927 shares during the period. Advisor Group Holdings Inc. increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 7.6% in the 3rd quarter. Advisor Group Holdings Inc. now owns 14,243 shares of the financial services provider’s stock worth $222,000 after buying an additional 1,000 shares during the period. Commonwealth Equity Services LLC increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 2.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 41,120 shares of the financial services provider’s stock worth $548,000 after buying an additional 1,000 shares during the period. Bank of America Corp DE increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 0.6% in the 4th quarter. Bank of America Corp DE now owns 170,664 shares of the financial services provider’s stock worth $2,707,000 after buying an additional 1,101 shares during the period. Finally, LPL Financial LLC increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 1.7% in the 4th quarter. LPL Financial LLC now owns 92,693 shares of the financial services provider’s stock worth $1,470,000 after buying an additional 1,535 shares during the period. Hedge funds and other institutional investors own 10.53% of the company’s stock.

About BlackRock MuniHoldings New Jersey Quality Fund (Get Rating)

BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.

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