BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Short Interest Update

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 55,700 shares, a growth of 124.6% from the January 31st total of 24,800 shares. Based on an average daily trading volume, of 150,700 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

Several hedge funds have recently made changes to their positions in the business. Mountain Hill Investment Partners Corp. acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth $49,000. Wolverine Asset Management LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth about $69,000. Elequin Capital LP purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth about $82,000. Citadel Advisors LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $116,000. Finally, Traphagen Investment Advisors LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth about $123,000. Institutional investors and hedge funds own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Trading Up 0.7 %

Shares of BlackRock MuniHoldings New Jersey Quality Fund stock traded up $0.09 during trading on Friday, hitting $11.71. The stock had a trading volume of 66,217 shares, compared to its average volume of 100,508. The business has a fifty day moving average of $11.34 and a two-hundred day moving average of $11.68. BlackRock MuniHoldings New Jersey Quality Fund has a fifty-two week low of $10.97 and a fifty-two week high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.054 per share. The ex-dividend date is Friday, February 14th. This represents a $0.65 annualized dividend and a dividend yield of 5.54%.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.