BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 21.1% in January

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 54,500 shares, a drop of 21.1% from the January 15th total of 69,100 shares. Based on an average daily volume of 104,000 shares, the short-interest ratio is presently 0.5 days.

BlackRock MuniHoldings Fund Trading Up 0.7 %

Shares of BlackRock MuniHoldings Fund stock traded up $0.09 during trading on Friday, reaching $12.14. 72,588 shares of the stock traded hands, compared to its average volume of 78,856. The business has a fifty day simple moving average of $11.99 and a two-hundred day simple moving average of $12.28. BlackRock MuniHoldings Fund has a 52-week low of $11.41 and a 52-week high of $12.96.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.0595 dividend. This represents a $0.71 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date is Friday, February 14th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Northern Trust Corp bought a new stake in BlackRock MuniHoldings Fund in the fourth quarter worth about $131,000. Garden State Investment Advisory Services LLC lifted its stake in BlackRock MuniHoldings Fund by 30.6% in the fourth quarter. Garden State Investment Advisory Services LLC now owns 34,122 shares of the company’s stock worth $398,000 after purchasing an additional 8,000 shares during the last quarter. NewEdge Advisors LLC lifted its stake in BlackRock MuniHoldings Fund by 3.6% in the fourth quarter. NewEdge Advisors LLC now owns 30,606 shares of the company’s stock worth $357,000 after purchasing an additional 1,056 shares during the last quarter. Cohen & Steers Inc. lifted its stake in BlackRock MuniHoldings Fund by 5.2% in the fourth quarter. Cohen & Steers Inc. now owns 100,447 shares of the company’s stock worth $1,172,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in BlackRock MuniHoldings Fund in the fourth quarter worth about $1,173,000.

About BlackRock MuniHoldings Fund

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.