BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 37.1% in April

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 122,143 shares, a decrease of 37.1% from the April 15th total of 194,095 shares. Based on an average trading volume of 276,999 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MHD. Hollencrest Capital Management purchased a new stake in shares of BlackRock MuniHoldings Fund during the 1st quarter valued at approximately $26,000. Fifth Third Bancorp purchased a new stake in shares of BlackRock MuniHoldings Fund during the 3rd quarter valued at approximately $30,000. Pinnacle Bancorp Inc. purchased a new stake in shares of BlackRock MuniHoldings Fund during the 1st quarter valued at approximately $38,000. Geneos Wealth Management Inc. lifted its stake in shares of BlackRock MuniHoldings Fund by 389.7% during the 1st 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 in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in shares of BlackRock MuniHoldings Fund during the 4th quarter valued at approximately $57,000.

BlackRock MuniHoldings Fund Stock Down 1.0%

Shares of BlackRock MuniHoldings Fund stock traded down $0.12 on Monday, reaching $11.38. 315,138 shares of the company traded hands, compared to its average volume of 354,196. BlackRock MuniHoldings Fund has a 52 week low of $10.92 and a 52 week high of $12.05. The company has a 50 day moving average of $11.65 and a 200 day moving average of $11.73.

BlackRock MuniHoldings Fund Announces Dividend

The business 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 6.3%. The ex-dividend date of this dividend is Monday, June 15th.

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.