BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 14.7% in March

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 37,200 shares, a drop of 14.7% from the February 28th total of 43,600 shares. Based on an average daily volume of 91,700 shares, the days-to-cover ratio is currently 0.4 days.

BlackRock MuniHoldings Fund Stock Performance

BlackRock MuniHoldings Fund stock traded down $0.05 during trading on Wednesday, reaching $11.74. 49,158 shares of the company were exchanged, compared to its average volume of 96,090. BlackRock MuniHoldings Fund has a 52-week low of $11.41 and a 52-week high of $12.96. The stock’s 50 day simple moving average is $11.97 and its two-hundred day simple moving average is $12.18.

BlackRock MuniHoldings Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were given a dividend of $0.0595 per share. This represents a $0.71 annualized dividend and a yield of 6.08%. The ex-dividend date was Friday, March 14th.

Institutional Trading of BlackRock MuniHoldings Fund

Several institutional investors have recently made changes to their positions in MHD. Rivernorth Capital Management LLC increased its stake in BlackRock MuniHoldings Fund by 1.6% during the third quarter. Rivernorth Capital Management LLC now owns 4,129,514 shares of the company’s stock worth $52,238,000 after acquiring an additional 66,534 shares during the last quarter. Pathstone Holdings LLC increased its position in shares of BlackRock MuniHoldings Fund by 21.1% during the fourth quarter. Pathstone Holdings LLC now owns 1,416,610 shares of the company’s stock valued at $16,577,000 after acquiring an additional 246,450 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of BlackRock MuniHoldings Fund by 77.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 955,558 shares of the company’s stock valued at $11,151,000 after acquiring an additional 417,067 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of BlackRock MuniHoldings Fund by 15.4% in the 4th quarter. Advisors Asset Management Inc. now owns 528,557 shares of the company’s stock worth $6,168,000 after acquiring an additional 70,465 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in BlackRock MuniHoldings Fund by 5.6% during the fourth quarter. Van ECK Associates Corp now owns 396,862 shares of the company’s stock worth $4,631,000 after purchasing an additional 20,932 shares in the last quarter.

BlackRock MuniHoldings Fund Company Profile

BlackRock MuniHoldings 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 the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes.