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

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 45,600 shares, a drop of 16.3% from the January 31st total of 54,500 shares. Based on an average trading volume of 103,700 shares, the short-interest ratio is currently 0.4 days.

BlackRock MuniHoldings Fund Price Performance

BlackRock MuniHoldings Fund stock traded down $0.02 during trading hours on Wednesday, reaching $12.02. The company had a trading volume of 103,848 shares, compared to its average volume of 101,011. BlackRock MuniHoldings Fund has a 12-month low of $11.41 and a 12-month high of $12.96. The company has a 50-day moving average price of $11.98 and a 200 day moving average price of $12.27.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.0595 dividend. This represents a $0.71 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date of this dividend is Friday, March 14th.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. US Bancorp DE purchased a new position in BlackRock MuniHoldings Fund during the 3rd quarter valued at about $48,000. Signaturefd LLC purchased a new position in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at approximately $48,000. Ameriflex Group Inc. bought a new position in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at approximately $119,000. Citadel Advisors LLC purchased a new stake in BlackRock MuniHoldings Fund in the fourth quarter worth $118,000. Finally, Steward Partners Investment Advisory LLC increased its position in BlackRock MuniHoldings Fund by 71.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,436 shares of the company’s stock valued at $122,000 after purchasing an additional 4,338 shares during the period.

About BlackRock MuniHoldings Fund

BlackRock MuniHoldings 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 the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes.