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

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 55,700 shares, a growth of 124.6% from the January 31st total of 24,800 shares. Based on an average daily trading volume, of 150,700 shares, the short-interest ratio is currently 0.4 days.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

Shares of NYSE:MUJ traded up $0.09 during midday trading on Friday, hitting $11.71. 66,217 shares of the stock were exchanged, compared to its average volume of 100,508. BlackRock MuniHoldings New Jersey Quality Fund has a 52-week low of $10.97 and a 52-week high of $12.24. The business’s fifty day simple moving average is $11.34 and its two-hundred day simple moving average is $11.68.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a $0.054 dividend. This represents a $0.65 annualized dividend and a yield of 5.54%. The ex-dividend date is Friday, February 14th.

Institutional Investors Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in MUJ. Bank of Montreal Can increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 4.9% in the fourth quarter. Bank of Montreal Can now owns 19,540 shares of the financial services provider’s stock worth $216,000 after buying an additional 912 shares during the last quarter. LPL Financial LLC increased its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1.0% during the 4th quarter. LPL Financial LLC now owns 112,147 shares of the financial services provider’s stock worth $1,241,000 after purchasing an additional 1,097 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider’s stock valued at $327,000 after purchasing an additional 1,400 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 28.1% in the 3rd quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock valued at $241,000 after purchasing an additional 4,353 shares during the last quarter. Finally, Mountain Hill Investment Partners Corp. bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth $49,000. 15.13% of the stock is owned by hedge funds and other institutional investors.

About BlackRock MuniHoldings New Jersey Quality Fund

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.