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

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 89,186 shares, a growth of 39.2% from the February 26th total of 64,069 shares. Based on an average daily trading volume, of 392,596 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

Several hedge funds have recently made changes to their positions in MHD. Rivernorth Capital Management LLC raised its holdings in shares of BlackRock MuniHoldings Fund by 0.7% in the 4th quarter. Rivernorth Capital Management LLC now owns 4,172,151 shares of the company’s stock worth $48,981,000 after purchasing an additional 29,950 shares in the last quarter. Mackay Shields LLC boosted its holdings in BlackRock MuniHoldings Fund by 1.9% during the third quarter. Mackay Shields LLC now owns 2,166,270 shares of the company’s stock worth $25,454,000 after buying an additional 39,723 shares in the last quarter. Guggenheim Capital LLC grew its position in BlackRock MuniHoldings Fund by 0.6% in the second quarter. Guggenheim Capital LLC now owns 1,073,824 shares of the company’s stock worth $12,027,000 after buying an additional 6,333 shares during the last quarter. Bank of America Corp DE grew its position in BlackRock MuniHoldings Fund by 8.3% in the second quarter. Bank of America Corp DE now owns 822,170 shares of the company’s stock worth $9,208,000 after buying an additional 63,038 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its holdings in shares of BlackRock MuniHoldings Fund by 21.2% in the fourth quarter. Advisors Asset Management Inc. now owns 644,275 shares of the company’s stock valued at $7,564,000 after buying an additional 112,528 shares in the last quarter.

BlackRock MuniHoldings Fund Stock Performance

Shares of BlackRock MuniHoldings Fund stock opened at $11.26 on Friday. The business has a fifty day simple moving average of $11.77 and a 200-day simple moving average of $11.74. BlackRock MuniHoldings Fund has a fifty-two week low of $10.79 and a fifty-two week high of $12.05.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a $0.0595 dividend. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock MuniHoldings Fund Company Profile

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.