BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC – Get Free Report) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 45,934 shares, a decrease of 44.4% from the May 14th total of 82,546 shares. Based on an average trading volume of 284,563 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.
Institutional Investors Weigh In On BlackRock MuniHoldings California Quality Fund
Institutional investors have recently added to or reduced their stakes in the company. WFA of San Diego LLC bought a new stake in BlackRock MuniHoldings California Quality Fund in the 2nd quarter worth about $26,000. Elyxium Wealth LLC bought a new stake in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth about $69,000. Pasadena Private Wealth LLC bought a new stake in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth about $106,000. Nomura Holdings Inc. bought a new stake in BlackRock MuniHoldings California Quality Fund in the 2nd quarter worth about $104,000. Finally, Moody National Bank Trust Division bought a new position in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at approximately $114,000. 30.99% of the stock is owned by institutional investors.
BlackRock MuniHoldings California Quality Fund Trading Down 0.1%
Shares of MUC traded down $0.02 on Monday, reaching $10.73. The company’s stock had a trading volume of 555,698 shares, compared to its average volume of 315,373. BlackRock MuniHoldings California Quality Fund has a twelve month low of $10.00 and a twelve month high of $11.04. The firm has a fifty day moving average of $10.74 and a 200-day moving average of $10.74.
BlackRock MuniHoldings California Quality Fund Dividend Announcement
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.
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