BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Sees Large Decrease in Short Interest

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 37,200 shares, a decrease of 14.7% from the February 28th total of 43,600 shares. Based on an average daily volume of 91,700 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of BlackRock MuniHoldings Fund

A number of large investors have recently made changes to their positions in MHD. HighTower Advisors LLC boosted its stake in BlackRock MuniHoldings Fund by 7.2% during the 3rd quarter. HighTower Advisors LLC now owns 57,978 shares of the company’s stock worth $735,000 after purchasing an additional 3,897 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in shares of BlackRock MuniHoldings Fund by 71.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,436 shares of the company’s stock valued at $122,000 after buying an additional 4,338 shares during the last quarter. Park Avenue Securities LLC raised its stake in BlackRock MuniHoldings Fund by 5.2% during the 4th quarter. Park Avenue Securities LLC now owns 92,500 shares of the company’s stock valued at $1,079,000 after acquiring an additional 4,587 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of BlackRock MuniHoldings Fund by 5.6% in the 4th quarter. Van ECK Associates Corp now owns 396,862 shares of the company’s stock valued at $4,631,000 after purchasing an additional 20,932 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of BlackRock MuniHoldings Fund by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 120,119 shares of the company’s stock valued at $1,402,000 after purchasing an additional 1,367 shares during the last quarter.

BlackRock MuniHoldings Fund Stock Down 0.4 %

Shares of NYSE:MHD traded down $0.05 during trading on Wednesday, hitting $11.74. 49,158 shares of the company were exchanged, compared to its average volume of 96,090. The firm’s 50 day moving average price is $11.97 and its 200-day moving average price is $12.18. BlackRock MuniHoldings Fund has a 12-month low of $11.41 and a 12-month high of $12.96.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were given a dividend of $0.0595 per share. This represents a $0.71 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date of this dividend was Friday, March 14th.

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.