BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Short Interest Down 31.5% in February

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 14,600 shares, a decrease of 31.5% from the January 31st total of 21,300 shares. Based on an average trading volume of 80,400 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On BlackRock MuniHoldings New York Quality Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Rivernorth Capital Management LLC boosted its position in BlackRock MuniHoldings New York Quality Fund by 38.7% during the third quarter. Rivernorth Capital Management LLC now owns 1,070,573 shares of the financial services provider’s stock worth $11,948,000 after purchasing an additional 298,947 shares in the last quarter. Guggenheim Capital LLC grew its stake in BlackRock MuniHoldings New York Quality Fund by 4.9% in the 4th quarter. Guggenheim Capital LLC now owns 619,360 shares of the financial services provider’s stock valued at $6,404,000 after acquiring an additional 28,694 shares during the period. Bank of America Corp DE increased its holdings in BlackRock MuniHoldings New York Quality Fund by 49.9% in the 4th quarter. Bank of America Corp DE now owns 442,732 shares of the financial services provider’s stock worth $4,578,000 after acquiring an additional 147,361 shares in the last quarter. Whitebox Advisors LLC raised its position in BlackRock MuniHoldings New York Quality Fund by 5.7% during the third quarter. Whitebox Advisors LLC now owns 147,993 shares of the financial services provider’s stock worth $1,652,000 after acquiring an additional 8,020 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in BlackRock MuniHoldings New York Quality Fund during the fourth quarter valued at $1,058,000. Institutional investors and hedge funds own 28.22% of the company’s stock.

BlackRock MuniHoldings New York Quality Fund Trading Up 0.2 %

Shares of BlackRock MuniHoldings New York Quality Fund stock traded up $0.02 during trading on Tuesday, hitting $10.59. 77,608 shares of the company’s stock were exchanged, compared to its average volume of 57,714. The business has a 50-day simple moving average of $10.46 and a 200-day simple moving average of $10.69. BlackRock MuniHoldings New York Quality Fund has a 52-week low of $10.18 and a 52-week high of $11.20.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a $0.0515 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.62 annualized dividend and a dividend yield of 5.84%.

BlackRock MuniHoldings New York Quality Fund Company Profile

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.