Short Interest in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Decreases By 43.1%

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 63,595 shares, a decrease of 43.1% from the May 14th total of 111,740 shares. Based on an average trading volume of 416,829 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On BlackRock MuniHoldings Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Hollencrest Capital Management acquired a new stake in BlackRock MuniHoldings Fund during the first quarter worth about $26,000. Fifth Third Bancorp acquired a new stake in BlackRock MuniHoldings Fund during the third quarter worth about $30,000. Pinnacle Bancorp Inc. acquired a new stake in BlackRock MuniHoldings Fund during the first quarter worth about $38,000. Geneos Wealth Management Inc. raised its stake in BlackRock MuniHoldings Fund by 389.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after acquiring an additional 3,706 shares during the period. Finally, Global Retirement Partners LLC acquired a new stake in BlackRock MuniHoldings Fund during the fourth quarter worth about $57,000.

BlackRock MuniHoldings Fund Trading Down 0.0%

MHD opened at $11.75 on Friday. BlackRock MuniHoldings Fund has a fifty-two week low of $10.92 and a fifty-two week high of $12.05. The company’s 50-day moving average price is $11.66 and its 200 day moving average price is $11.70.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a dividend of $0.0595 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.1%.

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.