119.8% increase in BlackRock MuniAssets Fund's short interest in August, with 48,800 shares shorted.
BlackRock MuniAssets Fund, Inc. (NYSE:MUA) reported a 119.8% rise in short interest in August, totaling 48,800 shares shorted. The stock's days-to-cover ratio stands at 0.7 days, with MUA trading at $12.53. The fund declared a monthly dividend of $0.0555 per share, yielding an annualized 5.32%. Institutional investors own 20.38% of the stock. The fund focuses on medium-to-lower grade municipal obligations exempt from federal taxes.
September 15, 2024
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