BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Short Interest Update

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 25,700 shares, a drop of 19.9% from the November 15th total of 32,100 shares. Based on an average trading volume of 59,100 shares, the days-to-cover ratio is currently 0.4 days.

BlackRock MuniHoldings New York Quality Fund Stock Performance

NYSE MHN traded down $0.14 during mid-day trading on Friday, reaching $10.70. 35,992 shares of the stock were exchanged, compared to its average volume of 51,603. The business’s 50 day moving average is $10.81 and its 200-day moving average is $10.81. BlackRock MuniHoldings New York Quality Fund has a 1 year low of $10.18 and a 1 year high of $11.20.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.0515 per share. This represents a $0.62 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend is Monday, December 16th.

Institutional Investors Weigh In On BlackRock MuniHoldings New York Quality Fund

A number of institutional investors have recently modified their holdings of MHN. Rivernorth Capital Management LLC increased its holdings in BlackRock MuniHoldings New York Quality Fund by 38.7% in the 3rd quarter. Rivernorth Capital Management LLC now owns 1,070,573 shares of the financial services provider’s stock worth $11,948,000 after acquiring an additional 298,947 shares in the last quarter. Wolverine Asset Management LLC increased its stake in shares of BlackRock MuniHoldings New York Quality Fund by 4,029.9% during the third quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider’s stock worth $419,000 after purchasing an additional 36,672 shares in the last quarter. Whitebox Advisors LLC increased its stake in shares of BlackRock MuniHoldings New York Quality Fund by 174.7% during the second quarter. Whitebox Advisors LLC now owns 139,973 shares of the financial services provider’s stock worth $1,506,000 after purchasing an additional 89,010 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of BlackRock MuniHoldings New York Quality Fund by 4.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 66,959 shares of the financial services provider’s stock worth $720,000 after purchasing an additional 2,660 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its stake in BlackRock MuniHoldings New York Quality Fund by 53.7% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 28,500 shares of the financial services provider’s stock valued at $307,000 after buying an additional 9,963 shares in the last quarter. 28.22% of the stock is currently owned by institutional investors and hedge funds.

About BlackRock MuniHoldings New York Quality Fund

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.