BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Up 764.4% in May

BlackRock MuniHoldings Fund, Inc. (NYSE:MHDGet Rating) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 89,900 shares, an increase of 764.4% from the April 30th total of 10,400 shares. Based on an average daily volume of 159,900 shares, the short-interest ratio is presently 0.6 days.

Shares of NYSE:MHD traded up $0.09 during trading hours on Wednesday, reaching $13.08. The stock had a trading volume of 18,521 shares, compared to its average volume of 147,662. BlackRock MuniHoldings Fund has a 1 year low of $12.18 and a 1 year high of $17.50. The firm’s 50 day moving average is $13.35 and its 200-day moving average is $15.00.

The business also recently announced a monthly dividend, which will be paid on Wednesday, June 1st. Stockholders of record on Monday, May 16th will be issued a $0.0605 dividend. This represents a $0.73 annualized dividend and a dividend yield of 5.55%. The ex-dividend date is Friday, May 13th.

Institutional investors have recently modified their holdings of the company. UMB Bank N A MO boosted its holdings in shares of BlackRock MuniHoldings Fund by 224.0% in the 1st quarter. UMB Bank N A MO now owns 1,892 shares of the company’s stock valued at $27,000 after buying an additional 1,308 shares in the last quarter. Chilton Capital Management LLC acquired a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at $30,000. Confluence Wealth Services Inc. acquired a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at $33,000. Fifth Third Bancorp boosted its holdings in shares of BlackRock MuniHoldings Fund by 551.6% in the 1st quarter. Fifth Third Bancorp now owns 5,050 shares of the company’s stock valued at $72,000 after buying an additional 4,275 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of BlackRock MuniHoldings Fund by 66.7% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 8,586 shares of the company’s stock valued at $122,000 after buying an additional 3,434 shares in the last quarter.

About BlackRock MuniHoldings Fund (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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