Short Interest in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Declines By 32.0%

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 13,845 shares, a decrease of 32.0% from the December 15th total of 20,348 shares. Based on an average daily trading volume, of 203,312 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 203,312 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC boosted its holdings in shares of BlackRock MuniHoldings Fund by 813.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 509,105 shares of the company’s stock valued at $5,977,000 after buying an additional 453,353 shares during the period. Dakota Wealth Management boosted its stake in BlackRock MuniHoldings Fund by 10.8% in the fourth quarter. Dakota Wealth Management now owns 163,900 shares of the company’s stock valued at $1,924,000 after acquiring an additional 16,000 shares during the period. Noble Wealth Management PBC grew its holdings in shares of BlackRock MuniHoldings Fund by 4.7% during the fourth quarter. Noble Wealth Management PBC now owns 19,136 shares of the company’s stock valued at $225,000 after purchasing an additional 866 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of BlackRock MuniHoldings Fund by 1.3% during the fourth quarter. Park Avenue Securities LLC now owns 102,364 shares of the company’s stock valued at $1,202,000 after purchasing an additional 1,317 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of BlackRock MuniHoldings Fund by 82.1% during the 3rd quarter. NewEdge Advisors LLC now owns 58,907 shares of the company’s stock worth $692,000 after purchasing an additional 26,561 shares during the period.

BlackRock MuniHoldings Fund Stock Up 0.5%

Shares of NYSE MHD traded up $0.06 during midday trading on Friday, reaching $12.00. 103,463 shares of the company’s stock were exchanged, compared to its average volume of 112,978. BlackRock MuniHoldings Fund has a 52-week low of $10.79 and a 52-week high of $12.34. The business’s fifty day moving average price is $11.71 and its two-hundred day moving average price is $11.52.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.0595 per share. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a yield of 6.0%.

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.