BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Update

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 122,143 shares, a decline of 37.1% from the April 15th total of 194,095 shares. Based on an average daily trading volume, of 276,999 shares, the days-to-cover ratio is presently 0.4 days.

BlackRock MuniHoldings Fund Stock Down 0.7%

Shares of MHD stock traded down $0.08 during trading hours on Tuesday, reaching $11.30. 526,593 shares of the company’s stock were exchanged, compared to its average volume of 356,604. BlackRock MuniHoldings Fund has a fifty-two week low of $10.92 and a fifty-two week high of $12.05. The business has a fifty day moving average price of $11.64 and a 200-day moving average price of $11.72.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.0595 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Monday, June 15th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Rivernorth Capital Management LLC raised its stake in shares of BlackRock MuniHoldings Fund by 199.7% in the first quarter. Rivernorth Capital Management LLC now owns 12,505,825 shares of the company’s stock valued at $141,066,000 after purchasing an additional 8,333,674 shares in the last quarter. Bank of America Corp DE raised its stake in shares of BlackRock MuniHoldings Fund by 157.3% in the first quarter. Bank of America Corp DE now owns 1,807,154 shares of the company’s stock valued at $20,385,000 after purchasing an additional 1,104,859 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of BlackRock MuniHoldings Fund by 116.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,102,849 shares of the company’s stock valued at $12,440,000 after purchasing an additional 593,744 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of BlackRock MuniHoldings Fund by 21.2% in the fourth quarter. Advisors Asset Management Inc. now owns 644,275 shares of the company’s stock valued at $7,564,000 after purchasing an additional 112,528 shares in the last quarter. Finally, Rareview Capital LLC raised its stake in shares of BlackRock MuniHoldings Fund by 52.1% in the first quarter. Rareview Capital LLC now owns 606,318 shares of the company’s stock valued at $6,791,000 after purchasing an additional 207,695 shares in the last quarter.

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.