BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Free Report) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 63,595 shares, a drop of 43.1% from the May 14th total of 111,740 shares. Based on an average daily volume of 416,829 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Investors Weigh In On BlackRock MuniHoldings Fund
Several large investors have recently made changes to their positions in MHD. Hollencrest Capital Management acquired a new stake in shares of BlackRock MuniHoldings Fund in the first quarter valued at approximately $26,000. Fifth Third Bancorp acquired a new stake in shares of BlackRock MuniHoldings Fund in the third quarter valued at approximately $30,000. Pinnacle Bancorp Inc. acquired a new stake in shares of BlackRock MuniHoldings Fund in the first quarter valued at approximately $38,000. Geneos Wealth Management Inc. increased its stake in shares of BlackRock MuniHoldings Fund by 389.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after purchasing an additional 3,706 shares during the period. Finally, Global Retirement Partners LLC acquired a new stake in shares of BlackRock MuniHoldings Fund in the fourth quarter valued at approximately $57,000.
BlackRock MuniHoldings Fund Stock Performance
Shares of NYSE:MHD opened at $11.75 on Friday. The firm’s 50 day moving average is $11.66 and its two-hundred day moving average is $11.70. BlackRock MuniHoldings Fund has a 52 week low of $10.92 and a 52 week high of $12.05.
BlackRock MuniHoldings Fund Dividend Announcement
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.
Featured Articles
- Five stocks we like better than BlackRock MuniHoldings Fund
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for BlackRock MuniHoldings Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniHoldings Fund and related companies with MarketBeat.com's FREE daily email newsletter.
