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

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

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

NYSE:MUJ traded up $0.09 during trading hours on Friday, reaching $11.71. The stock had a trading volume of 66,217 shares, 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 company has a 50 day moving average price of $11.34 and a two-hundred day moving average price of $11.68.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.65 annualized dividend and a yield of 5.54%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MUJ. Mountain Hill Investment Partners Corp. purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at approximately $49,000. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth approximately $69,000. Elequin Capital LP purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $82,000. Citadel Advisors LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $116,000. Finally, Traphagen Investment Advisors LLC purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth $123,000. Institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

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.