BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 34.1% in February

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 94,667 shares, a decline of 34.1% from the January 29th total of 143,671 shares. Based on an average daily volume of 391,568 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 391,568 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of BlackRock MuniHoldings Fund

Several large investors have recently made changes to their positions in MHD. Royal Bank of Canada raised its holdings in shares of BlackRock MuniHoldings Fund by 17.9% during the first quarter. Royal Bank of Canada now owns 73,896 shares of the company’s stock worth $868,000 after purchasing an additional 11,216 shares during the last quarter. NewEdge Advisors LLC grew its position in BlackRock MuniHoldings Fund by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after purchasing an additional 1,937 shares during the period. Goldman Sachs Group Inc. acquired a new stake in BlackRock MuniHoldings Fund during the 1st quarter worth about $118,000. Geneos Wealth Management Inc. raised its stake in shares of BlackRock MuniHoldings Fund by 389.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after buying an additional 3,706 shares during the last quarter. Finally, World Investment Advisors acquired a new position in shares of BlackRock MuniHoldings Fund in the 2nd quarter valued at about $115,000.

BlackRock MuniHoldings Fund Trading Up 0.2%

Shares of NYSE:MHD traded up $0.03 during trading on Monday, hitting $11.95. The stock had a trading volume of 441,834 shares, compared to its average volume of 285,166. BlackRock MuniHoldings Fund has a 12-month low of $10.79 and a 12-month high of $12.13. The stock has a 50-day simple moving average of $11.80 and a two-hundred day simple moving average of $11.68.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.0595 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.