BlackRock MuniAssets Fund, Inc. (NYSE:MUA – Get Free Report) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 14,100 shares, a decline of 28.8% from the February 13th total of 19,800 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 126,000 shares, the days-to-cover ratio is currently 0.1 days.
BlackRock MuniAssets Fund Trading Down 0.2 %
Shares of MUA stock traded down $0.03 during mid-day trading on Tuesday, reaching $10.71. The company’s stock had a trading volume of 107,861 shares, compared to its average volume of 94,041. The firm’s 50-day moving average is $11.02 and its two-hundred day moving average is $11.63. BlackRock MuniAssets Fund has a 1-year low of $10.64 and a 1-year high of $12.69.
BlackRock MuniAssets Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.0555 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.22%.
Institutional Investors Weigh In On BlackRock MuniAssets Fund
About BlackRock MuniAssets Fund
BlackRock MuniAssets Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes.
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