BlackRock MuniYield Fund, Inc. (NYSE:MYD - Get Free Report) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 6,700 shares, a drop of 90.0% from the December 31st total of 67,100 shares. Based on an average trading volume of 189,200 shares, the short-interest ratio is presently 0.0 days.
BlackRock MuniYield Fund Stock Performance
NYSE MYD traded down $0.01 on Friday, reaching $10.67. The stock had a trading volume of 126,936 shares, compared to its average volume of 112,968. BlackRock MuniYield Fund has a 1 year low of $10.27 and a 1 year high of $11.74. The business has a 50 day moving average price of $10.79 and a 200 day moving average price of $11.08.
BlackRock MuniYield Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a $0.0545 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.65 annualized dividend and a dividend yield of 6.13%.
Institutional Trading of BlackRock MuniYield Fund
Large investors have recently added to or reduced their stakes in the business. Tanglewood Legacy Advisors LLC bought a new stake in BlackRock MuniYield Fund in the fourth quarter worth $47,000. Avidian Wealth Enterprises LLC bought a new stake in shares of BlackRock MuniYield Fund during the 4th quarter worth about $105,000. Simon Quick Advisors LLC bought a new stake in shares of BlackRock MuniYield Fund during the 4th quarter worth about $110,000. Choreo LLC increased its holdings in shares of BlackRock MuniYield Fund by 8.5% during the 4th quarter. Choreo LLC now owns 12,738 shares of the financial services provider's stock valued at $132,000 after acquiring an additional 994 shares during the last quarter. Finally, Private Advisor Group LLC bought a new position in shares of BlackRock MuniYield Fund in the 3rd quarter valued at approximately $138,000. 33.77% of the stock is owned by institutional investors.
About BlackRock MuniYield Fund
(
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BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.
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