Short Interest in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Declines By 43.1%

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 63,595 shares, a decrease of 43.1% from the May 14th total of 111,740 shares. Based on an average trading volume of 416,829 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On BlackRock MuniHoldings Fund

Several institutional investors have recently bought and sold shares of the stock. Noble Wealth Management PBC lifted its holdings in BlackRock MuniHoldings Fund by 4.7% in the fourth quarter. Noble Wealth Management PBC now owns 19,136 shares of the company’s stock worth $225,000 after purchasing an additional 866 shares during the period. Scarborough Advisors LLC lifted its holdings in BlackRock MuniHoldings Fund by 2.3% in the fourth quarter. Scarborough Advisors LLC now owns 38,796 shares of the company’s stock worth $455,000 after purchasing an additional 887 shares during the period. Osaic Holdings Inc. lifted its holdings in BlackRock MuniHoldings Fund by 7.0% in the second quarter. Osaic Holdings Inc. now owns 18,716 shares of the company’s stock worth $210,000 after purchasing an additional 1,227 shares during the period. World Investment Advisors lifted its holdings in BlackRock MuniHoldings Fund by 12.2% in the first quarter. World Investment Advisors now owns 11,500 shares of the company’s stock worth $130,000 after purchasing an additional 1,251 shares during the period. Finally, Park Avenue Securities LLC lifted its holdings in BlackRock MuniHoldings Fund by 1.3% in the fourth quarter. Park Avenue Securities LLC now owns 102,364 shares of the company’s stock worth $1,202,000 after purchasing an additional 1,317 shares during the period.

BlackRock MuniHoldings Fund Stock Down 0.0%

Shares of BlackRock MuniHoldings Fund stock traded down $0.01 during trading on Tuesday, hitting $11.75. 283,515 shares of the stock were exchanged, compared to its average volume of 358,940. The stock’s fifty day moving average is $11.68 and its 200 day moving average is $11.71. BlackRock MuniHoldings Fund has a 12 month low of $10.92 and a 12 month high of $12.05.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.0595 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.1%.

About BlackRock MuniHoldings Fund

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.