Short Interest in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Decreases By 85.8%

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 104,553 shares, a decline of 85.8% from the January 29th total of 736,471 shares. Based on an average daily volume of 288,418 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 288,418 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Large investors have recently bought and sold shares of the business. WFA of San Diego LLC acquired a new position in BlackRock MuniHoldings California Quality Fund in the second quarter valued at $26,000. Elyxium Wealth LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at approximately $69,000. Nomura Holdings Inc. acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth approximately $104,000. Pasadena Private Wealth LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 4th quarter worth approximately $106,000. Finally, Sanders Morris Harris LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth approximately $108,000. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Down 0.0%

NYSE:MUC traded down $0.01 during mid-day trading on Wednesday, reaching $10.92. 277,209 shares of the stock were exchanged, compared to its average volume of 250,764. The company has a 50 day simple moving average of $10.80 and a 200-day simple moving average of $10.70. BlackRock MuniHoldings California Quality Fund has a 1 year low of $9.97 and a 1 year high of $11.13.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be given a dividend of $0.0535 per share. The ex-dividend date is Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

BlackRock MuniHoldings California Quality Fund Company Profile

BlackRock MuniHoldings California Quality Fund (NYSE: MUC) is a closed-end management investment company that seeks to provide high-quality, federally and California tax-exempt income. The fund primarily invests in investment-grade municipal obligations issued by or on behalf of entities located in California, including general obligation bonds and revenue bonds that finance public projects such as schools, transportation infrastructure and utilities.

The fund’s portfolio construction emphasizes credit quality and geographic concentration, targeting bonds rated at or above investment grade by nationally recognized statistical rating organizations.