BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 32.3% in February

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 64,069 shares, a drop of 32.3% from the February 12th total of 94,667 shares. Based on an average daily trading volume, of 509,833 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 509,833 shares, the days-to-cover ratio is presently 0.1 days.

BlackRock MuniHoldings Fund Stock Performance

BlackRock MuniHoldings Fund stock traded down $0.12 during midday trading on Friday, hitting $11.63. 289,293 shares of the company were exchanged, compared to its average volume of 302,807. BlackRock MuniHoldings Fund has a fifty-two week low of $10.79 and a fifty-two week high of $12.05. The company’s fifty day moving average price is $11.84 and its 200-day moving average price is $11.71.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.0595 per share. 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 Investors Weigh In On BlackRock MuniHoldings Fund

A number of large investors have recently added to or reduced their stakes in MHD. Allspring Global Investments Holdings LLC increased its stake in BlackRock MuniHoldings Fund by 813.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 509,105 shares of the company’s stock worth $5,977,000 after buying an additional 453,353 shares during the period. City of London Investment Management Co. Ltd. grew its stake in shares of BlackRock MuniHoldings Fund by 52.7% during the third quarter. City of London Investment Management Co. Ltd. now owns 371,247 shares of the company’s stock valued at $4,362,000 after acquiring an additional 128,150 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of BlackRock MuniHoldings Fund by 21.2% during the fourth quarter. Advisors Asset Management Inc. now owns 644,275 shares of the company’s stock valued at $7,564,000 after acquiring an additional 112,528 shares in the last quarter. Rareview Capital LLC increased its position in shares of BlackRock MuniHoldings Fund by 23.8% during the fourth quarter. Rareview Capital LLC now owns 398,623 shares of the company’s stock worth $4,465,000 after acquiring an additional 76,718 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of BlackRock MuniHoldings Fund by 8.3% during the second quarter. Bank of America Corp DE now owns 822,170 shares of the company’s stock worth $9,208,000 after acquiring an additional 63,038 shares during the last quarter.

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.