BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 13,300 shares, a decline of 28.5% from the April 30th total of 18,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 62,500 shares, the short-interest ratio is currently 0.2 days.
BlackRock MuniHoldings New York Quality Fund Price Performance
MHN remained flat at $9.81 on Tuesday. 43,572 shares of the company traded hands, compared to its average volume of 62,878. The company's fifty day simple moving average is $9.90 and its two-hundred day simple moving average is $10.29. BlackRock MuniHoldings New York Quality Fund has a 52-week low of $9.52 and a 52-week high of $11.20.
BlackRock MuniHoldings New York Quality Fund Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a dividend of $0.0515 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.30%. The ex-dividend date of this dividend was Thursday, May 15th.
Institutional Trading of BlackRock MuniHoldings New York Quality Fund
Several hedge funds have recently made changes to their positions in the stock. Generation Capital Management LLC acquired a new stake in BlackRock MuniHoldings New York Quality Fund in the fourth quarter worth $119,000. Envestnet Asset Management Inc. grew its position in shares of BlackRock MuniHoldings New York Quality Fund by 32.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 15,679 shares of the financial services provider's stock worth $162,000 after acquiring an additional 3,810 shares during the last quarter. Stephens Inc. AR acquired a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the 4th quarter worth about $166,000. Broyhill Asset Management acquired a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the 4th quarter worth about $253,000. Finally, LPL Financial LLC lifted its position in BlackRock MuniHoldings New York Quality Fund by 20.7% in the 4th quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider's stock valued at $260,000 after purchasing an additional 4,301 shares during the last quarter. Institutional investors own 28.22% of the company's stock.
About BlackRock MuniHoldings New York Quality Fund
(
Get Free Report)
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.
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