Short Interest in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Drops By 82.6%

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJGet Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 7,500 shares, a decrease of 82.6% from the November 30th total of 43,100 shares. Based on an average daily volume of 152,800 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of BlackRock MuniHoldings New Jersey Quality Fund

Several institutional investors have recently modified their holdings of MUJ. PNC Financial Services Group Inc. acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the first quarter worth about $33,000. FMR LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 1st quarter valued at $41,000. JPMorgan Chase & Co. acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth approximately $88,000. Nomura Holdings Inc. acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the first quarter worth approximately $114,000. Finally, Moody National Bank Trust Division acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the second quarter worth approximately $118,000. Institutional investors and hedge funds own 11.24% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

NYSE:MUJ traded down $0.02 during trading hours on Thursday, hitting $11.44. 260,492 shares of the company traded hands, compared to its average volume of 121,255. BlackRock MuniHoldings New Jersey Quality Fund has a twelve month low of $9.73 and a twelve month high of $12.14. The firm has a 50-day moving average of $10.77 and a 200 day moving average of $10.80.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.05 per share. This represents a dividend yield of 5.39%. The ex-dividend date of this dividend is Thursday, December 14th.

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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