BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Shares Shorted: Short Interest Down 39.2% in September

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 153,351 shares, a decrease of 39.2% from the September 15th total of 252,361 shares. Based on an average daily volume of 1,043,431 shares, the short-interest ratio is currently 0.1 days.

BlackRock MuniHoldings Fund Trading Up 1.5%

BlackRock MuniHoldings Fund stock opened at $10.49 on Friday. BlackRock MuniHoldings Fund has a one year low of $9.98 and a one year high of $12.08. The stock has a 50-day moving average of $10.93 and a two-hundred day moving average of $11.41.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be paid a dividend of $0.0595 per share. The ex-dividend date is Friday, December 11th. This represents a $0.71 dividend on an annualized basis and a yield of 6.8%.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

A number of institutional investors have recently bought and sold shares of the business. Rivernorth Capital Management LLC raised its stake in shares of BlackRock MuniHoldings Fund by 199.7% during the 1st quarter. Rivernorth Capital Management LLC now owns 12,505,825 shares of the company’s stock valued at $141,066,000 after buying an additional 8,333,674 shares during the last quarter. Bank of America Corp DE purchased a new position in BlackRock MuniHoldings Fund in the 2nd quarter valued at $21,537,000. Van ECK Associates Corp lifted its stake in shares of BlackRock MuniHoldings Fund by 6.7% in the second quarter. Van ECK Associates Corp now owns 1,384,845 shares of the company’s stock worth $16,480,000 after buying an additional 86,761 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of BlackRock MuniHoldings Fund by 116.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,102,849 shares of the company’s stock worth $12,440,000 after purchasing an additional 593,744 shares during the last quarter. Finally, Rareview Capital LLC boosted its stake in BlackRock MuniHoldings Fund by 52.1% during the first quarter. Rareview Capital LLC now owns 606,318 shares of the company’s stock worth $6,791,000 after buying an additional 207,695 shares during the last quarter.

BlackRock MuniHoldings Fund Company Profile

BlackRock MuniHoldings Fund, Inc is a closed-end investment fund listed on the New York Stock Exchange under the ticker MHD. The fund is managed by BlackRock Advisors, LLC, an affiliate of BlackRock, Inc, and is designed to provide investors with access to a professionally managed portfolio of municipal securities.

The fund invests primarily in long-term municipal obligations issued by state and local governments, their agencies, and other public entities in the United States. Its investment strategy focuses on generating current income that is generally exempt from regular U.S.