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

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,900 shares, a decline of 96.9% from the December 15th total of 60,900 shares. Based on an average daily trading volume, of 330,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. bought a new position in BlackRock MuniHoldings California Quality Fund in the 3rd quarter worth $25,000. Fortitude Family Office LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund in the third quarter worth about $48,000. Oppenheimer & Co. Inc. purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the 3rd quarter valued at about $118,000. Ackerman Capital Advisors LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 3rd quarter worth approximately $236,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 2nd quarter worth approximately $271,000. 30.99% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Price Performance

Shares of NYSE:MUC remained flat at $10.55 during trading on Tuesday. 352,903 shares of the stock were exchanged, compared to its average volume of 295,163. The firm’s 50-day moving average price is $10.96 and its 200-day moving average price is $11.17. BlackRock MuniHoldings California Quality Fund has a 1 year low of $10.52 and a 1 year high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.0535 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.