BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Up 235.1% in December

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 120,300 shares, a growth of 235.1% from the November 30th total of 35,900 shares. Based on an average trading volume of 104,500 shares, the days-to-cover ratio is currently 1.2 days.

BlackRock MuniHoldings Fund Trading Down 0.6 %

Shares of NYSE:MHD traded down $0.07 during midday trading on Friday, reaching $11.60. 235,317 shares of the company’s stock traded hands, compared to its average volume of 104,103. BlackRock MuniHoldings Fund has a one year low of $11.41 and a one year high of $12.96. The stock has a 50 day moving average of $12.21 and a 200 day moving average of $12.28.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a dividend of $0.0595 per share. This represents a $0.71 dividend on an annualized basis and a dividend yield of 6.16%. The ex-dividend date of this dividend is Monday, December 16th.

Institutional Trading of BlackRock MuniHoldings Fund

Large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its position in BlackRock MuniHoldings Fund by 2.1% during the second quarter. Bank of New York Mellon Corp now owns 118,794 shares of the company’s stock valued at $1,436,000 after purchasing an additional 2,499 shares during the period. Moloney Securities Asset Management LLC raised its stake in BlackRock MuniHoldings Fund by 9.2% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 51,100 shares of the company’s stock valued at $618,000 after buying an additional 4,313 shares during the last quarter. Rothschild Investment LLC bought a new position in shares of BlackRock MuniHoldings Fund during the 2nd quarter valued at $595,000. Essex Financial Services Inc. purchased a new position in shares of BlackRock MuniHoldings Fund in the 2nd quarter worth $140,000. Finally, Wolverine Asset Management LLC purchased a new position in shares of BlackRock MuniHoldings Fund in the 2nd quarter worth $91,000.

About BlackRock MuniHoldings Fund

BlackRock MuniHoldings 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 the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes.