Short Interest in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Drops By 45.6%

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 20,348 shares, a decrease of 45.6% from the November 30th total of 37,406 shares. Based on an average daily trading volume, of 166,989 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 166,989 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp bought a new stake in shares of BlackRock MuniHoldings Fund during the third quarter worth $30,000. Hilltop National Bank acquired a new position in BlackRock MuniHoldings Fund in the 2nd quarter worth $45,000. Geneos Wealth Management Inc. increased its holdings in BlackRock MuniHoldings Fund by 389.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after purchasing an additional 3,706 shares in the last quarter. Plancorp LLC acquired a new stake in shares of BlackRock MuniHoldings Fund in the 2nd quarter valued at about $112,000. Finally, World Investment Advisors acquired a new stake in shares of BlackRock MuniHoldings Fund in the 2nd quarter valued at about $115,000.

BlackRock MuniHoldings Fund Trading Up 0.1%

MHD stock opened at $11.59 on Friday. BlackRock MuniHoldings Fund has a 1-year low of $10.79 and a 1-year high of $12.34. The business’s 50-day moving average price is $11.71 and its two-hundred day moving average price is $11.46.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be given a $0.0595 dividend. The ex-dividend date is Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 6.2%.

About BlackRock MuniHoldings Fund

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.