Short Interest in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Expands By 36.1%

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 143,671 shares, an increase of 36.1% from the January 15th total of 105,526 shares. Based on an average daily volume of 132,270 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 132,270 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

A number of institutional investors have recently made changes to their positions in the business. World Investment Advisors bought a new position in shares of BlackRock MuniHoldings Fund during the second quarter worth about $115,000. Advisors Asset Management Inc. increased its holdings in BlackRock MuniHoldings Fund by 10.6% in the second quarter. Advisors Asset Management Inc. now owns 529,834 shares of the company’s stock valued at $5,934,000 after buying an additional 50,777 shares during the last quarter. Rareview Capital LLC raised its stake in BlackRock MuniHoldings Fund by 143.0% during the second quarter. Rareview Capital LLC now owns 301,003 shares of the company’s stock valued at $3,371,000 after buying an additional 177,131 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in BlackRock MuniHoldings Fund during the third quarter valued at approximately $655,000. Finally, Wellspring Financial Advisors LLC lifted its holdings in BlackRock MuniHoldings Fund by 39.7% during the 2nd quarter. Wellspring Financial Advisors LLC now owns 51,464 shares of the company’s stock worth $576,000 after buying an additional 14,614 shares during the last quarter.

BlackRock MuniHoldings Fund Trading Up 0.4%

Shares of MHD traded up $0.05 during mid-day trading on Friday, reaching $11.72. 529,149 shares of the stock traded hands, compared to its average volume of 212,558. The stock has a fifty day simple moving average of $11.77 and a 200 day simple moving average of $11.63. BlackRock MuniHoldings Fund has a 12-month low of $10.79 and a 12-month high of $12.26.

BlackRock MuniHoldings Fund Dividend Announcement

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 paid a dividend of $0.0595 per share. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Friday, March 13th.

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.