BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Get Free Report) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 37,900 shares, a growth of 49.8% from the February 28th total of 25,300 shares. Based on an average daily volume of 126,900 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company's stock are short sold.
Institutional Trading of BlackRock MuniHoldings New Jersey Quality Fund
Several hedge funds have recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at $49,000. Wolverine Asset Management LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at $69,000. Elequin Capital LP acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at about $82,000. Citadel Advisors LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at approximately $116,000. Finally, Traphagen Investment Advisors LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $123,000. Institutional investors and hedge funds own 15.13% of the company's stock.
BlackRock MuniHoldings New Jersey Quality Fund Price Performance
BlackRock MuniHoldings New Jersey Quality Fund stock remained flat at $11.34 during mid-day trading on Thursday. 46,425 shares of the company's stock were exchanged, compared to its average volume of 91,387. BlackRock MuniHoldings New Jersey Quality Fund has a 12 month low of $10.97 and a 12 month high of $12.24. The stock's fifty day simple moving average is $11.44 and its two-hundred day simple moving average is $11.59.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The business also recently declared a monthly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were issued a dividend of $0.054 per share. The ex-dividend date was Friday, March 14th. This represents a $0.65 annualized dividend and a yield of 5.71%.
About BlackRock MuniHoldings New Jersey Quality Fund
(
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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.
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