BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Get Free Report) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 74,400 shares, a growth of 24.4% from the January 31st total of 59,800 shares. Based on an average daily volume of 322,500 shares, the short-interest ratio is presently 0.2 days.
BlackRock MuniHoldings California Quality Fund Trading Down 0.9 %
NYSE:MUC traded down $0.10 during trading hours on Friday, reaching $10.93. The company had a trading volume of 140,270 shares, compared to its average volume of 235,245. BlackRock MuniHoldings California Quality Fund has a 1-year low of $10.52 and a 1-year high of $11.64. The business's 50 day moving average price is $10.84 and its 200-day moving average price is $11.10.
BlackRock MuniHoldings California Quality Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date is Friday, March 14th.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth approximately $25,000. Golden State Wealth Management LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the fourth quarter worth approximately $55,000. Whipplewood Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the fourth quarter worth approximately $117,000. Cary Street Partners Financial LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $117,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at $118,000. 30.99% of the stock is owned by institutional investors and hedge funds.
About BlackRock MuniHoldings California Quality Fund
(
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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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