BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Short Interest Update

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 14,600 shares, a decrease of 31.5% from the January 31st total of 21,300 shares. Based on an average trading volume of 80,400 shares, the days-to-cover ratio is presently 0.2 days.

BlackRock MuniHoldings New York Quality Fund Stock Performance

Shares of BlackRock MuniHoldings New York Quality Fund stock opened at $10.59 on Wednesday. BlackRock MuniHoldings New York Quality Fund has a 1 year low of $10.18 and a 1 year high of $11.20. The business has a 50-day moving average of $10.46 and a two-hundred day moving average of $10.69.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a $0.0515 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.62 annualized dividend and a dividend yield of 5.84%.

Institutional Investors Weigh In On BlackRock MuniHoldings New York Quality Fund

Several large investors have recently modified their holdings of the business. Envestnet Asset Management Inc. increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 32.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,679 shares of the financial services provider’s stock worth $162,000 after acquiring an additional 3,810 shares in the last quarter. LPL Financial LLC increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 20.7% in the fourth quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider’s stock worth $260,000 after acquiring an additional 4,301 shares in the last quarter. Whitebox Advisors LLC increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 5.7% in the third quarter. Whitebox Advisors LLC now owns 147,993 shares of the financial services provider’s stock worth $1,652,000 after acquiring an additional 8,020 shares in the last quarter. Dakota Wealth Management increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 51.7% in the fourth quarter. Dakota Wealth Management now owns 25,622 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 8,728 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the third quarter worth about $122,000. 28.22% of the stock is currently owned by institutional investors.

About BlackRock MuniHoldings New York Quality Fund

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.