BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Short Interest Update

BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 33,000 shares, an increase of 68.4% from the April 30th total of 19,600 shares. Based on an average daily trading volume, of 135,200 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

BlackRock MuniAssets Fund Stock Performance

MUA stock traded down $0.05 on Monday, reaching $10.23. The company's stock had a trading volume of 71,607 shares, compared to its average volume of 102,824. BlackRock MuniAssets Fund has a 52 week low of $9.60 and a 52 week high of $12.69. The firm has a fifty day moving average of $10.30 and a two-hundred day moving average of $10.91.

BlackRock MuniAssets Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be paid a $0.0555 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.67 annualized dividend and a dividend yield of 6.51%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MUA. Steward Partners Investment Advisory LLC lifted its holdings in BlackRock MuniAssets Fund by 1.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 74,735 shares of the investment management company's stock worth $825,000 after purchasing an additional 1,139 shares during the period. Cetera Investment Advisers raised its position in shares of BlackRock MuniAssets Fund by 5.0% during the 1st quarter. Cetera Investment Advisers now owns 29,107 shares of the investment management company's stock worth $315,000 after buying an additional 1,377 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of BlackRock MuniAssets Fund by 4.3% in the 4th quarter. HighTower Advisors LLC now owns 36,421 shares of the investment management company's stock worth $402,000 after acquiring an additional 1,500 shares during the period. Keudell Morrison Wealth Management lifted its stake in shares of BlackRock MuniAssets Fund by 4.6% in the 1st quarter. Keudell Morrison Wealth Management now owns 34,036 shares of the investment management company's stock worth $369,000 after acquiring an additional 1,500 shares during the period. Finally, Oarsman Capital Inc. boosted its holdings in shares of BlackRock MuniAssets Fund by 9.2% in the fourth quarter. Oarsman Capital Inc. now owns 31,270 shares of the investment management company's stock valued at $345,000 after acquiring an additional 2,623 shares in the last quarter. 20.38% of the stock is owned by institutional investors and hedge funds.

About BlackRock MuniAssets Fund

BlackRock MuniAssets 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 seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes.