BlackRock MuniAssets Fund, Inc. (NYSE:MUA – Get Free Report) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totalling 7,000 shares, a drop of 19.5% from the August 15th total of 8,700 shares. Based on an average daily volume of 77,200 shares, the short-interest ratio is currently 0.1 days.
BlackRock MuniAssets Fund Stock Performance
Shares of NYSE MUA remained flat at $9.47 during midday trading on Monday. The stock had a trading volume of 16,577 shares, compared to its average volume of 81,155. The stock has a fifty day simple moving average of $9.92 and a 200-day simple moving average of $10.17. BlackRock MuniAssets Fund has a one year low of $9.44 and a one year high of $11.60.
BlackRock MuniAssets Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be paid a dividend of $0.0405 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.49 dividend on an annualized basis and a dividend yield of 5.13%.
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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