BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Up 69.1% in April

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 194,095 shares, a growth of 69.1% from the March 31st total of 114,777 shares. Based on an average daily volume of 574,089 shares, the short-interest ratio is currently 0.3 days.

BlackRock MuniHoldings Fund Trading Down 0.8%

Shares of NYSE:MHD opened at $11.73 on Wednesday. BlackRock MuniHoldings Fund has a 1 year low of $10.92 and a 1 year high of $12.05. The firm has a fifty day moving average price of $11.68 and a 200 day moving average price of $11.73.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0595 per share. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Monday, June 15th.

Institutional Investors Weigh In On BlackRock MuniHoldings Fund

Hedge funds have recently bought and sold shares of the company. Fifth Third Bancorp bought a new stake in BlackRock MuniHoldings Fund during the third quarter valued at about $30,000. Pinnacle Bancorp Inc. bought a new stake in BlackRock MuniHoldings Fund during the first quarter valued at about $38,000. Geneos Wealth Management Inc. boosted its holdings 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 valued at $55,000 after acquiring an additional 3,706 shares during the period. Global Retirement Partners LLC bought a new stake in BlackRock MuniHoldings Fund during the fourth quarter valued at about $57,000. Finally, Camelot Portfolios LLC bought a new stake in BlackRock MuniHoldings Fund during the fourth quarter valued at about $62,000.

BlackRock MuniHoldings Fund Company Profile

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.