BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Short Interest Update

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Get Free Report) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 16,500 shares, a decrease of 77.8% from the February 13th total of 74,400 shares. Based on an average daily volume of 307,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's shares are short sold.

Institutional Investors Weigh In On BlackRock MuniHoldings California Quality Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in BlackRock MuniHoldings California Quality Fund during the third quarter worth about $25,000. Golden State Wealth Management LLC bought a new position in BlackRock MuniHoldings California Quality Fund in the fourth quarter worth approximately $55,000. Whipplewood Advisors LLC acquired a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $117,000. Cary Street Partners Financial LLC acquired a new position in BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at about $117,000. Finally, Oppenheimer & Co. Inc. bought a new stake in BlackRock MuniHoldings California Quality Fund during the third quarter worth $118,000. Institutional investors and hedge funds own 30.99% of the company's stock.

BlackRock MuniHoldings California Quality Fund Trading Down 0.2 %

Shares of NYSE:MUC traded down $0.03 during midday trading on Wednesday, reaching $10.85. 179,247 shares of the company were exchanged, compared to its average volume of 230,937. The stock has a fifty day simple moving average of $10.85 and a two-hundred day simple moving average of $11.09. BlackRock MuniHoldings California Quality Fund has a fifty-two week low of $10.52 and a fifty-two week high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.0535 per share. This represents a $0.64 dividend on an annualized basis and a yield of 5.92%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock MuniHoldings California Quality Fund Company Profile

BlackRock MuniHoldings California Quality 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 invests primarily in a portfolio of long-term investment-grade municipal obligations, the interest on which is exempt from Federal and California income taxes.

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