Short Interest in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Declines By 54.6%

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 25,300 shares, a decline of 54.6% from the February 13th total of 55,700 shares. Based on an average daily trading volume, of 141,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of BlackRock MuniHoldings New Jersey Quality Fund

A number of institutional investors have recently modified their holdings of MUJ. Pine Valley Investments Ltd Liability Co grew its position in BlackRock MuniHoldings New Jersey Quality Fund by 5.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider’s stock valued at $327,000 after acquiring an additional 1,400 shares during the last quarter. Breakwater Capital Group grew its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 69.2% in the fourth quarter. Breakwater Capital Group now owns 90,678 shares of the financial services provider’s stock worth $1,004,000 after purchasing an additional 37,076 shares during the last quarter. Traphagen Investment Advisors LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at $123,000. Janney Montgomery Scott LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $201,000. Finally, J.W. Cole Advisors Inc. grew its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 3.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 251,955 shares of the financial services provider’s stock valued at $2,789,000 after buying an additional 7,390 shares during the last quarter. 15.13% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.7 %

Shares of BlackRock MuniHoldings New Jersey Quality Fund stock traded down $0.08 on Friday, reaching $11.27. 59,557 shares of the company were exchanged, compared to its average volume of 95,466. The company has a 50-day moving average of $11.42 and a 200 day moving average of $11.65. BlackRock MuniHoldings New Jersey Quality Fund has a one year low of $10.97 and a one year high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.75%. The ex-dividend date is Friday, March 14th.

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.