BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Short Interest Update

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 54,400 shares, a growth of 1,654.8% from the October 15th total of 3,100 shares. Based on an average daily volume of 60,300 shares, the days-to-cover ratio is currently 0.9 days.

BlackRock MuniHoldings New York Quality Fund Trading Down 1.3 %

BlackRock MuniHoldings New York Quality Fund stock traded down $0.14 during mid-day trading on Tuesday, hitting $10.71. The company had a trading volume of 49,425 shares, compared to its average volume of 50,944. BlackRock MuniHoldings New York Quality Fund has a 12 month low of $9.40 and a 12 month high of $11.20. The stock’s 50 day moving average price is $10.91 and its two-hundred day moving average price is $10.77.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.0515 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.62 dividend on an annualized basis and a yield of 5.77%.

Hedge Funds Weigh In On BlackRock MuniHoldings New York Quality Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Herold Advisors Inc. purchased a new position in shares of BlackRock MuniHoldings New York Quality Fund in the second quarter worth about $186,000. Blue Bell Private Wealth Management LLC lifted its holdings in BlackRock MuniHoldings New York Quality Fund by 53.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 28,500 shares of the financial services provider’s stock valued at $307,000 after acquiring an additional 9,963 shares during the last quarter. Tidal Investments LLC boosted its position in shares of BlackRock MuniHoldings New York Quality Fund by 6.2% during the first quarter. Tidal Investments LLC now owns 30,155 shares of the financial services provider’s stock worth $319,000 after buying an additional 1,761 shares during the period. Wolverine Asset Management LLC increased its position in shares of BlackRock MuniHoldings New York Quality Fund by 4,029.9% during the third quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider’s stock worth $419,000 after acquiring an additional 36,672 shares during the period. Finally, Whitebox Advisors LLC acquired a new position in BlackRock MuniHoldings New York Quality Fund during the 1st quarter worth approximately $540,000. 28.22% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New York Quality Fund Company Profile

BlackRock MuniHoldings New York Quality 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 fixed income markets. It invests primarily in investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.