BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Short Interest Down 25.7% in January

BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Get Free Report) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 37,800 shares, a decline of 25.7% from the December 31st total of 50,900 shares. Based on an average trading volume of 100,200 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of BlackRock MuniAssets Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Van ECK Associates Corp increased its holdings in shares of BlackRock MuniAssets Fund by 8.3% during the 4th quarter. Van ECK Associates Corp now owns 173,978 shares of the investment management company's stock valued at $1,921,000 after purchasing an additional 13,261 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in BlackRock MuniAssets Fund by 3.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 163,145 shares of the investment management company's stock worth $2,023,000 after acquiring an additional 6,054 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in BlackRock MuniAssets Fund by 6.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 124,390 shares of the investment management company's stock worth $1,542,000 after acquiring an additional 7,850 shares in the last quarter. Pathway Financial Advisers LLC increased its holdings in BlackRock MuniAssets Fund by 1,152.5% in the 3rd quarter. Pathway Financial Advisers LLC now owns 60,371 shares of the investment management company's stock worth $749,000 after acquiring an additional 55,551 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in BlackRock MuniAssets Fund by 13.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 17,869 shares of the investment management company's stock worth $215,000 after acquiring an additional 2,150 shares in the last quarter. 20.38% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniAssets Fund Stock Performance

NYSE MUA traded up $0.10 on Tuesday, hitting $11.18. 74,341 shares of the company's stock traded hands, compared to its average volume of 92,046. BlackRock MuniAssets Fund has a 1-year low of $10.68 and a 1-year high of $12.69. The firm's 50-day moving average price is $11.30 and its two-hundred day moving average price is $11.76.

BlackRock MuniAssets Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th were paid a dividend of $0.0555 per share. This represents a $0.67 annualized dividend and a yield of 5.96%. The ex-dividend date was Wednesday, January 15th.

BlackRock MuniAssets Fund Company Profile

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.