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

BlackRock MuniHoldings Fund, Inc. (NYSE:MHDGet Free Report) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 13,845 shares, a decline of 32.0% from the December 15th total of 20,348 shares. Based on an average trading volume of 203,312 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 203,312 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of BlackRock MuniHoldings Fund

Several large investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp purchased a new position in BlackRock MuniHoldings Fund in the third quarter valued at about $30,000. Hilltop National Bank acquired a new stake in shares of BlackRock MuniHoldings Fund in the second quarter valued at about $45,000. Geneos Wealth Management Inc. raised its holdings in shares of BlackRock MuniHoldings Fund by 389.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after buying an additional 3,706 shares during the period. Plancorp LLC purchased a new stake in shares of BlackRock MuniHoldings Fund during the 2nd quarter valued at about $112,000. Finally, Goldman Sachs Group Inc. acquired a new position in BlackRock MuniHoldings Fund during the 1st quarter worth approximately $118,000.

BlackRock MuniHoldings Fund Trading Up 0.5%

NYSE MHD traded up $0.06 during mid-day trading on Friday, hitting $12.00. The company’s stock had a trading volume of 103,463 shares, compared to its average volume of 112,978. BlackRock MuniHoldings Fund has a 52-week low of $10.79 and a 52-week high of $12.34. The stock’s fifty day simple moving average is $11.71 and its two-hundred day simple moving average is $11.52.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be paid a $0.0595 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock MuniHoldings Fund Company Profile

(Get Free Report)

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.

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