BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Update

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 194,095 shares, a growth of 69.1% from the March 31st total of 114,777 shares. Based on an average daily volume of 574,089 shares, the days-to-cover ratio is currently 0.3 days.

BlackRock MuniHoldings Fund Stock Down 0.2%

NYSE MHD traded down $0.02 during trading hours on Wednesday, reaching $11.71. 48,806 shares of the company’s stock were exchanged, compared to its average volume of 349,966. BlackRock MuniHoldings Fund has a one year low of $10.92 and a one year high of $12.05. The firm has a fifty day moving average of $11.68 and a 200-day moving average of $11.73.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a $0.0595 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MHD. Fifth Third Bancorp bought a new position in shares of BlackRock MuniHoldings Fund in the third quarter valued at about $30,000. Pinnacle Bancorp Inc. bought a new position in shares of BlackRock MuniHoldings Fund in the first quarter valued at about $38,000. Geneos Wealth Management Inc. raised its holdings in shares of BlackRock MuniHoldings Fund by 389.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after buying an additional 3,706 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of BlackRock MuniHoldings Fund in the fourth quarter valued at about $57,000. Finally, Camelot Portfolios LLC bought a new position in shares of BlackRock MuniHoldings Fund in the fourth quarter valued at about $62,000.

BlackRock MuniHoldings Fund Company Profile

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.