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

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a large decrease in short interest in 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 daily volume of 276,999 shares, the days-to-cover ratio is presently 0.4 days.

BlackRock MuniHoldings Fund Stock Performance

NYSE MHD traded down $0.12 on Monday, hitting $11.38. The stock had a trading volume of 315,138 shares, 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 firm has a 50-day moving average of $11.65 and a 200-day moving average of $11.73.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a $0.0595 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a yield of 6.3%.

Institutional Trading of BlackRock MuniHoldings Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Whitebox Advisors LLC purchased a new stake in BlackRock MuniHoldings Fund in the 1st quarter worth approximately $448,000. Modern Wealth Management LLC purchased a new stake in BlackRock MuniHoldings Fund in the 1st quarter worth approximately $264,000. Cetera Investment Advisers lifted its stake in BlackRock MuniHoldings Fund by 1,183.3% in the 1st quarter. Cetera Investment Advisers now owns 238,931 shares of the company’s stock worth $2,695,000 after purchasing an additional 220,313 shares in the last quarter. Petra Financial Advisors Inc. purchased a new stake in shares of BlackRock MuniHoldings Fund during the 1st quarter valued at $477,000. Finally, First Trust Advisors LP purchased a new stake in shares of BlackRock MuniHoldings Fund during the 1st quarter valued at $301,000.

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.