Short Interest in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Grows By 1,654.8%

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

BlackRock MuniHoldings New York Quality Fund Stock Down 1.3 %

Shares of BlackRock MuniHoldings New York Quality Fund stock traded down $0.14 during trading on Tuesday, hitting $10.71. 49,425 shares of the stock were exchanged, 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 fifty day moving average is $10.91 and its 200 day moving average is $10.77.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

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

Institutional Investors Weigh In On BlackRock MuniHoldings New York Quality Fund

Institutional investors have recently made changes to their positions in the company. Herold Advisors Inc. acquired a new position in shares of BlackRock MuniHoldings New York Quality Fund in the second quarter valued at $186,000. Blue Bell Private Wealth Management LLC raised its stake in shares of BlackRock MuniHoldings New York Quality Fund by 53.7% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 28,500 shares of the financial services provider’s stock valued at $307,000 after purchasing an additional 9,963 shares during the period. Tidal Investments LLC increased its position in shares of BlackRock MuniHoldings New York Quality Fund by 6.2% in the first quarter. Tidal Investments LLC now owns 30,155 shares of the financial services provider’s stock valued at $319,000 after acquiring an additional 1,761 shares during the last quarter. Wolverine Asset Management LLC raised its stake in BlackRock MuniHoldings New York Quality Fund by 4,029.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider’s stock valued at $419,000 after acquiring an additional 36,672 shares during the period. Finally, Whitebox Advisors LLC bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the first quarter valued at about $540,000. 28.22% of the stock is currently owned by institutional investors and hedge funds.

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.