BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Sees Significant Growth in Short Interest

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 59,500 shares, agrowthof135.2% from the June 30th total of 25,300 shares. Based on an average trading volume of 84,400 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 84,400 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

Hedge funds have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC grew its holdings in shares of BlackRock MuniHoldings Fund by 1,248.5% in the 1st quarter. Wolverine Asset Management LLC now owns 2,697 shares of the company’s stock valued at $32,000 after buying an additional 2,497 shares during the period. Hilltop National Bank acquired a new stake in BlackRock MuniHoldings Fund during the 2nd quarter worth $45,000. Geneos Wealth Management Inc. lifted its holdings in BlackRock MuniHoldings Fund by 389.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after acquiring an additional 3,706 shares in the last quarter. Ameriflex Group Inc. acquired a new position in BlackRock MuniHoldings Fund in the fourth quarter valued at about $119,000. Finally, Plancorp LLC acquired a new position in BlackRock MuniHoldings Fund in the second quarter valued at about $112,000.

BlackRock MuniHoldings Fund Trading Up 0.2%

Shares of BlackRock MuniHoldings Fund stock opened at $11.24 on Thursday. The firm has a fifty day moving average of $11.14 and a two-hundred day moving average of $11.47. BlackRock MuniHoldings Fund has a 52 week low of $10.79 and a 52 week high of $12.96.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be paid a $0.0595 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) annualized dividend and a yield of 6.4%.

BlackRock MuniHoldings Fund Company Profile

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.