BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Short Interest Update

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 37,700 shares, adropof26.4% from the July 15th total of 51,200 shares. Based on an average trading volume of 115,600 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 115,600 shares, the short-interest ratio is currently 0.3 days.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

BlackRock MuniHoldings New Jersey Quality Fund stock opened at $11.01 on Friday. The stock’s fifty day moving average price is $10.89 and its two-hundred day moving average price is $11.07. BlackRock MuniHoldings New Jersey Quality Fund has a one year low of $10.50 and a one year high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be issued a $0.054 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Friday, August 15th.

Institutional Investors Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

A number of large investors have recently modified their holdings of the business. Sit Investment Associates Inc. boosted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 18.8% during the 1st quarter. Sit Investment Associates Inc. now owns 629,574 shares of the financial services provider’s stock valued at $7,083,000 after acquiring an additional 99,691 shares in the last quarter. Guggenheim Capital LLC raised its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 8.4% during the 2nd quarter. Guggenheim Capital LLC now owns 451,745 shares of the financial services provider’s stock valued at $4,947,000 after acquiring an additional 34,962 shares during the period. Bank of America Corp DE raised its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 7.6% during the 2nd quarter. Bank of America Corp DE now owns 449,183 shares of the financial services provider’s stock valued at $4,919,000 after acquiring an additional 31,816 shares during the period. Raymond James Financial Inc. raised its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 3.3% during the 1st quarter. Raymond James Financial Inc. now owns 316,162 shares of the financial services provider’s stock valued at $3,557,000 after acquiring an additional 10,186 shares during the period. Finally, Leigh Baldwin & CO. LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $2,967,000. Institutional investors and hedge funds own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.