BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Short Interest Down 71.7% in December

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 18,700 shares, a decline of 71.7% from the November 30th total of 66,000 shares. Based on an average daily volume of 139,400 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of BlackRock MuniHoldings New Jersey Quality Fund

A number of institutional investors and hedge funds have recently modified their holdings of MUJ. TIAA Trust National Association acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the second quarter worth approximately $439,000. Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the second quarter worth $141,000. Wealth Effects LLC grew its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 22.6% during the second quarter. Wealth Effects LLC now owns 24,294 shares of the financial services provider’s stock worth $277,000 after buying an additional 4,474 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 8.6% in the second quarter. J.W. Cole Advisors Inc. now owns 202,369 shares of the financial services provider’s stock valued at $2,305,000 after buying an additional 15,996 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 6.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 37,472 shares of the financial services provider’s stock worth $429,000 after buying an additional 2,197 shares in the last quarter. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.5 %

Shares of MUJ stock traded down $0.05 during mid-day trading on Friday, hitting $11.01. 319,573 shares of the stock were exchanged, compared to its average volume of 107,596. BlackRock MuniHoldings New Jersey Quality Fund has a 52-week low of $10.98 and a 52-week high of $12.24. The firm has a fifty day moving average of $11.65 and a 200 day moving average of $11.71.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a yield of 5.89%. The ex-dividend date is Monday, December 16th.

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.