BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Short Interest Update

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJGet Free Report) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 25,300 shares, a drop of 54.6% from the February 13th total of 55,700 shares. Based on an average daily volume of 141,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

BlackRock MuniHoldings New Jersey Quality Fund Stock Down 0.7 %

Shares of MUJ opened at $11.35 on Friday. The company’s 50 day moving average price is $11.42 and its 200 day moving average price is $11.66. BlackRock MuniHoldings New Jersey Quality Fund has a 52 week low of $10.97 and a 52 week high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a dividend yield of 5.71%. The ex-dividend date of this dividend is Friday, March 14th.

Hedge Funds Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

Hedge funds have recently modified their holdings of the stock. Mountain Hill Investment Partners Corp. purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at about $49,000. Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at about $69,000. Elequin Capital LP bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at approximately $82,000. Citadel Advisors LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth approximately $116,000. Finally, Traphagen Investment Advisors LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at approximately $123,000. 15.13% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

(Get Free Report)

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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