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

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 89,186 shares, an increase of 39.2% from the February 26th total of 64,069 shares. Based on an average trading volume of 392,596 shares, the days-to-cover ratio is presently 0.2 days.

BlackRock MuniHoldings Fund Stock Down 0.9%

Shares of BlackRock MuniHoldings Fund stock opened at $11.26 on Friday. The stock’s fifty day moving average is $11.77 and its 200-day moving average is $11.74. BlackRock MuniHoldings Fund has a 12-month low of $10.79 and a 12-month high of $12.05.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.0595 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Institutional Trading of BlackRock MuniHoldings Fund

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of BlackRock MuniHoldings Fund by 17.9% in the first quarter. Royal Bank of Canada now owns 73,896 shares of the company’s stock worth $868,000 after buying an additional 11,216 shares during the period. NewEdge Advisors LLC raised its holdings in shares of BlackRock MuniHoldings Fund by 6.3% during the first quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock valued at $382,000 after acquiring an additional 1,937 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of BlackRock MuniHoldings Fund in the 1st quarter valued at approximately $118,000. Geneos Wealth Management Inc. lifted its position in shares of BlackRock MuniHoldings Fund by 389.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after acquiring an additional 3,706 shares in the last quarter. Finally, Wellspring Financial Advisors LLC boosted its stake in BlackRock MuniHoldings Fund by 39.7% in the 2nd quarter. Wellspring Financial Advisors LLC now owns 51,464 shares of the company’s stock worth $576,000 after purchasing an additional 14,614 shares during the period.

BlackRock MuniHoldings Fund Company Profile

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.