BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Short Interest Update

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 8,000 shares, a drop of 45.2% from the February 13th total of 14,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 80,700 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On BlackRock MuniHoldings New York Quality Fund

Several large investors have recently bought and sold shares of the business. Rivernorth Capital Management LLC increased its holdings in BlackRock MuniHoldings New York Quality Fund by 38.7% in the 3rd quarter. Rivernorth Capital Management LLC now owns 1,070,573 shares of the financial services provider’s stock worth $11,948,000 after buying an additional 298,947 shares in the last quarter. Guggenheim Capital LLC increased its holdings in BlackRock MuniHoldings New York Quality Fund by 4.9% in the 4th quarter. Guggenheim Capital LLC now owns 619,360 shares of the financial services provider’s stock worth $6,404,000 after buying an additional 28,694 shares in the last quarter. Bank of America Corp DE increased its holdings in BlackRock MuniHoldings New York Quality Fund by 49.9% in the 4th quarter. Bank of America Corp DE now owns 442,732 shares of the financial services provider’s stock worth $4,578,000 after buying an additional 147,361 shares in the last quarter. Whitebox Advisors LLC increased its holdings in BlackRock MuniHoldings New York Quality Fund by 5.7% in the 3rd quarter. Whitebox Advisors LLC now owns 147,993 shares of the financial services provider’s stock worth $1,652,000 after buying an additional 8,020 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in BlackRock MuniHoldings New York Quality Fund in the 4th quarter worth about $1,058,000. 28.22% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings New York Quality Fund Price Performance

Shares of NYSE:MHN traded down $0.04 on Friday, hitting $10.18. 75,898 shares of the company traded hands, compared to its average volume of 58,099. BlackRock MuniHoldings New York Quality Fund has a 52 week low of $10.17 and a 52 week high of $11.20. The stock has a 50 day simple moving average of $10.47 and a 200-day simple moving average of $10.67.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a $0.0515 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.62 annualized dividend and a yield of 6.07%.

About BlackRock MuniHoldings New York Quality Fund

BlackRock MuniHoldings New York Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.