BlackRock MuniAssets Fund, Inc. (NYSE:MUA – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 134,412 shares, an increase of 128.4% from the September 15th total of 58,845 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 571,769 shares, the days-to-cover ratio is presently 0.2 days.
BlackRock MuniAssets Fund Stock Up 0.1%
Shares of BlackRock MuniAssets Fund stock traded up $0.01 during trading hours on Thursday, reaching $9.33. 35,857 shares of the company were exchanged, compared to its average volume of 196,345. BlackRock MuniAssets Fund has a 1 year low of $9.13 and a 1 year high of $11.26. The stock’s fifty day moving average is $9.78 and its 200 day moving average is $10.35.
BlackRock MuniAssets Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be issued a $0.0555 dividend. This represents a $0.67 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Friday, December 11th.
Institutional Inflows and Outflows
BlackRock MuniAssets Fund Company Profile
BlackRock MuniAssets Fund, Inc (NYSE: MUA) is a closed-end investment company managed by BlackRock Advisors, LLC. The fund’s primary objective is to provide current income that is exempt from regular U.S. federal income tax.
The fund invests primarily in municipal bonds and other municipal obligations issued by states, territories, municipalities and governmental authorities in the United States. Its portfolio may include general obligation bonds, revenue bonds and other tax-exempt securities, with the selection of investments focused on supporting the fund’s income objective while managing credit and interest-rate risks.
BlackRock MuniAssets Fund is designed for investors seeking tax-exempt income through a professionally managed portfolio of municipal securities.
Further Reading
- Five stocks we like better than BlackRock MuniAssets Fund
- Apple Cut iPhone 18 Orders; What Does It Mean For Suppliers?
- Failed Breakout in Tech? 3 Sectors Leading the Market Rotation
- Solaris Rides the AI Boom as Risks Mount
- Big Banks Report Strong Earnings—So Why Are Shares Falling?
Receive News & Ratings for BlackRock MuniAssets Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniAssets Fund and related companies with MarketBeat.com's FREE daily email newsletter.
