Short Interest in BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Drops By 24.5%
BlackRock MuniAssets Fund, Inc. (NYSE:MUA) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 32,400 shares, a decrease of 24.5% from the March 31st total of 42,900 shares. Based on an average daily volume of 51,100 shares, the days-to-cover ratio is currently 0.6 days.
NYSE MUA traded up $0.07 during trading hours on Tuesday, hitting $15.34. The company’s stock had a trading volume of 60,040 shares, compared to its average volume of 52,980. BlackRock MuniAssets Fund has a 52 week low of $12.64 and a 52 week high of $15.98. The company’s 50-day simple moving average is $15.10 and its two-hundred day simple moving average is $14.70.
The firm also recently declared a monthly dividend, which was paid on Monday, May 3rd. Investors of record on Thursday, April 15th were given a $0.0525 dividend. The ex-dividend date was Wednesday, April 14th. This represents a $0.63 annualized dividend and a yield of 4.11%.
About BlackRock MuniAssets Fund
BlackRock MuniAssets 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 seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes.
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