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

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 12,900 shares, a decline of 49.8% from the November 30th total of 25,700 shares. Based on an average trading volume of 63,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On BlackRock MuniHoldings New York Quality Fund

Several hedge funds have recently bought and sold shares of MHN. Rivernorth Capital Management LLC increased its stake in shares of 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 during the period. Wolverine Asset Management LLC boosted its holdings in BlackRock MuniHoldings New York Quality Fund by 4,029.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider’s stock valued at $419,000 after purchasing an additional 36,672 shares during the period. Whitebox Advisors LLC grew its position in shares of BlackRock MuniHoldings New York Quality Fund by 174.7% during the 2nd 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 increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 4.1% during the second 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 period. Finally, Blue Bell Private Wealth Management LLC boosted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 53.7% in the second 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 during the period. 28.22% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings New York Quality Fund Trading Down 0.2 %

BlackRock MuniHoldings New York Quality Fund stock traded down $0.02 during mid-day trading on Friday, hitting $10.30. 14,333 shares of the company’s stock traded hands, compared to its average volume of 53,475. The firm has a 50 day simple moving average of $10.70 and a two-hundred day simple moving average of $10.79. BlackRock MuniHoldings New York Quality Fund has a fifty-two week low of $10.18 and a fifty-two week high of $11.20.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.0515 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.62 dividend on an annualized basis and a yield of 6.00%.

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.