BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Short Interest Down 80.1% in January

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 21,300 shares, a decrease of 80.1% from the January 15th total of 106,900 shares. Based on an average daily volume of 77,800 shares, the days-to-cover ratio is presently 0.3 days.

BlackRock MuniHoldings New York Quality Fund Price Performance

Shares of MHN traded up $0.08 during trading hours on Friday, hitting $10.54. The company had a trading volume of 69,512 shares, compared to its average volume of 72,168. The firm has a fifty day moving average price of $10.48 and a 200-day moving average price of $10.72. BlackRock MuniHoldings New York Quality Fund has a 52-week low of $10.18 and a 52-week high of $11.20.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The business 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 $0.0515 per share. The ex-dividend date is Friday, February 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.86%.

Hedge Funds Weigh In On BlackRock MuniHoldings New York Quality Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its stake in shares of BlackRock MuniHoldings New York Quality Fund by 32.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 15,679 shares of the financial services provider's stock worth $162,000 after buying an additional 3,810 shares in the last quarter. LPL Financial LLC lifted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 20.7% in the 4th quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider's stock valued at $260,000 after purchasing an additional 4,301 shares during the last quarter. Whitebox Advisors LLC boosted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 5.7% in the 3rd quarter. Whitebox Advisors LLC now owns 147,993 shares of the financial services provider's stock worth $1,652,000 after purchasing an additional 8,020 shares during the period. Dakota Wealth Management increased its position in shares of BlackRock MuniHoldings New York Quality Fund by 51.7% during the 4th quarter. Dakota Wealth Management now owns 25,622 shares of the financial services provider's stock valued at $265,000 after purchasing an additional 8,728 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in BlackRock MuniHoldings New York Quality Fund in the third quarter worth $122,000. Institutional investors own 28.22% of the company's stock.

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.