BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Short Interest Up 124.6% in February

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 55,700 shares, a growth of 124.6% from the January 31st total of 24,800 shares. Based on an average trading volume of 150,700 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 the stock. Mountain Hill Investment Partners Corp. bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $49,000. Wolverine Asset Management LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $69,000. Elequin Capital LP bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $82,000. Citadel Advisors LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $116,000. Finally, Traphagen Investment Advisors LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $123,000. 15.13% of the stock is owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

BlackRock MuniHoldings New Jersey Quality Fund stock opened at $11.71 on Monday. BlackRock MuniHoldings New Jersey Quality Fund has a twelve month low of $10.97 and a twelve month high of $12.24. The firm has a 50 day moving average price of $11.34 and a 200-day moving average price of $11.68.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date of this dividend is Friday, February 14th.

About BlackRock MuniHoldings New Jersey Quality Fund

BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.