Short Interest in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Drops By 41.0%

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 32,100 shares, a decrease of 41.0% from the October 31st total of 54,400 shares. Based on an average daily trading volume, of 59,500 shares, the short-interest ratio is currently 0.5 days.

BlackRock MuniHoldings New York Quality Fund Price Performance

MHN traded up $0.12 during trading on Thursday, hitting $10.86. The company’s stock had a trading volume of 74,351 shares, compared to its average volume of 51,355. BlackRock MuniHoldings New York Quality Fund has a twelve month low of $9.99 and a twelve month high of $11.20. The stock’s fifty day moving average price is $10.86 and its 200-day moving average price is $10.79.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.0515 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.62 annualized dividend and a dividend yield of 5.69%.

Hedge Funds Weigh In On BlackRock MuniHoldings New York Quality Fund

Large investors have recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the 3rd quarter worth about $122,000. Herold Advisors Inc. bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the 2nd quarter worth about $186,000. Blue Bell Private Wealth Management LLC raised its holdings in BlackRock MuniHoldings New York Quality Fund by 53.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 28,500 shares of the financial services provider’s stock valued at $307,000 after buying an additional 9,963 shares during the period. Tidal Investments LLC lifted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 6.2% in the 1st quarter. Tidal Investments LLC now owns 30,155 shares of the financial services provider’s stock worth $319,000 after acquiring an additional 1,761 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its holdings in BlackRock MuniHoldings New York Quality Fund by 4,029.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider’s stock valued at $419,000 after acquiring an additional 36,672 shares during the period. 28.22% of the stock is currently owned by institutional investors.

About BlackRock MuniHoldings New York Quality Fund

BlackRock MuniHoldings New York Quality 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 invests primarily in investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.