BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 16.3% in February

BlackRock MuniHoldings Fund, Inc. (NYSE:MHDGet Free Report) was the recipient of a significant drop in short interest in 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 daily volume of 103,700 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On BlackRock MuniHoldings Fund

Several institutional investors have recently modified their holdings of the stock. Private Advisor Group LLC increased its position in BlackRock MuniHoldings Fund by 9.7% during the third quarter. Private Advisor Group LLC now owns 16,814 shares of the company’s stock valued at $213,000 after acquiring an additional 1,489 shares during the last quarter. US Bancorp DE bought a new position in BlackRock MuniHoldings Fund during the 3rd quarter valued at about $48,000. Catalina Capital Group LLC purchased a new stake in BlackRock MuniHoldings Fund in the 3rd quarter worth about $163,000. Oppenheimer & Co. Inc. lifted its stake in BlackRock MuniHoldings Fund by 4.5% in the third quarter. Oppenheimer & Co. Inc. now owns 33,543 shares of the company’s stock worth $424,000 after purchasing an additional 1,456 shares during the last quarter. Finally, Aviance Capital Partners LLC boosted its position in shares of BlackRock MuniHoldings Fund by 9.9% during the third quarter. Aviance Capital Partners LLC now owns 16,249 shares of the company’s stock valued at $206,000 after buying an additional 1,459 shares during the period.

BlackRock MuniHoldings Fund Price Performance

BlackRock MuniHoldings Fund stock traded down $0.10 during mid-day trading on Friday, reaching $11.88. 49,946 shares of the company’s stock traded hands, compared to its average volume of 98,245. BlackRock MuniHoldings Fund has a 12-month low of $11.41 and a 12-month high of $12.96. The stock has a 50 day moving average of $11.99 and a two-hundred day moving average of $12.26.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a $0.0595 dividend. This represents a $0.71 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date of this dividend is Friday, March 14th.

About BlackRock MuniHoldings Fund

(Get Free Report)

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.

Further Reading

Receive News & Ratings for BlackRock MuniHoldings Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniHoldings Fund and related companies with MarketBeat.com's FREE daily email newsletter.