BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 43.1% in May

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 63,595 shares, a decrease of 43.1% from the May 14th total of 111,740 shares. Based on an average trading volume of 416,829 shares, the short-interest ratio is currently 0.2 days.

BlackRock MuniHoldings Fund Stock Performance

NYSE:MHD traded up $0.01 during trading hours on Monday, reaching $11.75. 201,491 shares of the company were exchanged, compared to its average volume of 359,609. The stock’s 50-day moving average is $11.67 and its 200-day moving average is $11.71. BlackRock MuniHoldings Fund has a twelve month low of $10.92 and a twelve month high of $12.05.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.0595 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.1%.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

A number of large investors have recently added to or reduced their stakes in the stock. Noble Wealth Management PBC raised its position in BlackRock MuniHoldings Fund by 4.7% during the fourth quarter. Noble Wealth Management PBC now owns 19,136 shares of the company’s stock worth $225,000 after acquiring an additional 866 shares during the period. Scarborough Advisors LLC raised its position in BlackRock MuniHoldings Fund by 2.3% during the fourth quarter. Scarborough Advisors LLC now owns 38,796 shares of the company’s stock worth $455,000 after acquiring an additional 887 shares during the period. Osaic Holdings Inc. raised its position in BlackRock MuniHoldings Fund by 7.0% during the second quarter. Osaic Holdings Inc. now owns 18,716 shares of the company’s stock worth $210,000 after acquiring an additional 1,227 shares during the period. World Investment Advisors raised its position in BlackRock MuniHoldings Fund by 12.2% during the first quarter. World Investment Advisors now owns 11,500 shares of the company’s stock worth $130,000 after acquiring an additional 1,251 shares during the period. Finally, Park Avenue Securities LLC raised its position in BlackRock MuniHoldings Fund by 1.3% during the fourth quarter. Park Avenue Securities LLC now owns 102,364 shares of the company’s stock worth $1,202,000 after acquiring an additional 1,317 shares during the period.

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.