Short Interest in BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Decreases By 28.8%

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 14,100 shares, a drop of 28.8% from the February 13th total of 19,800 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 126,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. ST Germain D J Co. Inc. bought a new stake in shares of BlackRock MuniAssets Fund during the fourth quarter valued at approximately $33,000. Measured Risk Portfolios Inc. bought a new stake in shares of BlackRock MuniAssets Fund during the 4th quarter valued at $49,000. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniAssets Fund during the 4th quarter valued at $60,000. River Street Advisors LLC purchased a new stake in shares of BlackRock MuniAssets Fund in the 4th quarter worth about $119,000. Finally, Finward Bancorp bought a new position in shares of BlackRock MuniAssets Fund in the 4th quarter worth about $172,000. Institutional investors own 20.38% of the company’s stock.

BlackRock MuniAssets Fund Trading Up 0.3 %

Shares of MUA traded up $0.03 during trading hours on Monday, reaching $10.74. 85,899 shares of the company traded hands, compared to its average volume of 93,966. BlackRock MuniAssets Fund has a 12 month low of $10.64 and a 12 month high of $12.69. The company’s fifty day moving average price is $11.02 and its two-hundred day moving average price is $11.63.

BlackRock MuniAssets Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.0555 per share. The ex-dividend date is Friday, March 14th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.20%.

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.