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

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 82,000 shares, a growth of 397.0% from the February 28th total of 16,500 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 292,500 shares, the short-interest ratio is currently 0.3 days.

BlackRock MuniHoldings California Quality Fund Price Performance

Shares of NYSE:MUC opened at $10.69 on Friday. BlackRock MuniHoldings California Quality Fund has a 12 month low of $10.52 and a 12 month high of $11.64. The company’s 50-day moving average price is $10.87 and its two-hundred day moving average price is $11.05.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.0535 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.64 annualized dividend and a dividend yield of 6.01%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MUC. JPMorgan Chase & Co. acquired a new position in BlackRock MuniHoldings California Quality Fund in the third quarter valued at approximately $25,000. Golden State Wealth Management LLC bought a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at $55,000. Whipplewood Advisors LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $117,000. Cary Street Partners Financial LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $117,000. Finally, Octavia Wealth Advisors LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter worth $120,000. 30.99% of the stock is currently owned by institutional investors.

About BlackRock MuniHoldings California Quality Fund

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.