BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Up 662.2% in January

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 105,526 shares, an increase of 662.2% from the December 31st total of 13,845 shares. Based on an average daily volume of 113,987 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 113,987 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

Several large investors have recently made changes to their positions in MHD. World Investment Advisors bought a new position in BlackRock MuniHoldings Fund during the 2nd quarter worth about $115,000. Integrated Capital Management Inc. boosted its position in BlackRock MuniHoldings Fund by 20.0% during the second quarter. Integrated Capital Management Inc. now owns 22,273 shares of the company’s stock valued at $249,000 after purchasing an additional 3,709 shares during the last quarter. Advisors Asset Management Inc. grew its stake 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 purchasing an additional 50,777 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of BlackRock MuniHoldings Fund during the 1st quarter worth approximately $118,000. Finally, Mackay Shields LLC raised its stake in shares of BlackRock MuniHoldings Fund by 7.4% during the 2nd quarter. Mackay Shields LLC now owns 2,126,547 shares of the company’s stock worth $23,817,000 after purchasing an additional 146,861 shares in the last quarter.

BlackRock MuniHoldings Fund Stock Down 0.0%

MHD traded down $0.00 on Thursday, hitting $11.92. The company had a trading volume of 88,661 shares, compared to its average volume of 122,114. BlackRock MuniHoldings Fund has a 1-year low of $10.79 and a 1-year high of $12.34. The company’s fifty day moving average price is $11.73 and its 200 day moving average price is $11.56.

BlackRock MuniHoldings Fund Dividend Announcement

The business 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 of this dividend is Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend 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.