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 the month of February. As of February 28th, there was short interest totalling 8,000 shares, a drop of 45.2% from the February 13th total of 14,600 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 80,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MHN. Generation Capital Management LLC acquired a new position in BlackRock MuniHoldings New York Quality Fund during the 4th quarter valued at $119,000. Sanctuary Advisors LLC bought a new position in BlackRock MuniHoldings New York Quality Fund during the third quarter valued at about $122,000. Envestnet Asset Management Inc. raised its stake in shares of BlackRock MuniHoldings New York Quality Fund by 32.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,679 shares of the financial services provider’s stock valued at $162,000 after purchasing an additional 3,810 shares in the last quarter. Stephens Inc. AR acquired a new stake in BlackRock MuniHoldings New York Quality Fund during the fourth quarter worth $166,000. Finally, Broyhill Asset Management bought a new stake in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at $253,000. 28.22% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings New York Quality Fund Price Performance

Shares of NYSE MHN traded up $0.01 during trading hours on Friday, hitting $10.18. 70,898 shares of the stock were exchanged, compared to its average volume of 71,910. BlackRock MuniHoldings New York Quality Fund has a one year low of $10.17 and a one year high of $11.20. The company’s 50 day moving average is $10.47 and its 200 day moving average is $10.68.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.0515 dividend. This represents a $0.62 annualized dividend and a yield of 6.07%. The ex-dividend date of this dividend is Friday, March 14th.

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.