BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 39,600 shares, a decrease of 39.8% from the April 30th total of 65,800 shares. Approximately 0.1% of the company's shares are short sold. Based on an average daily trading volume, of 102,000 shares, the days-to-cover ratio is presently 0.4 days.
BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.2%
Shares of MUJ traded down $0.02 during trading hours on Wednesday, hitting $10.86. 61,254 shares of the stock were exchanged, compared to its average volume of 114,240. BlackRock MuniHoldings New Jersey Quality Fund has a fifty-two week low of $10.50 and a fifty-two week high of $12.24. The business has a 50-day moving average of $10.98 and a 200-day moving average of $11.28.
BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be given a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a dividend yield of 5.97%. The ex-dividend date is Friday, June 13th.
Institutional Investors Weigh In On BlackRock MuniHoldings New Jersey Quality Fund
Several large investors have recently modified their holdings of MUJ. Mountain Hill Investment Partners Corp. acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $49,000. Wolverine Asset Management LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth $69,000. Elequin Capital LP acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth $82,000. Citadel Advisors LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at $116,000. Finally, Nuveen Asset Management LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at $128,000. 15.13% of the stock is currently owned by institutional investors and hedge funds.
About BlackRock MuniHoldings New Jersey Quality Fund
(
Get Free Report)
BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.
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