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

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 129,000 shares, a growth of 225.8% from the March 31st total of 39,600 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily trading volume, of 230,300 shares, the short-interest ratio is currently 0.6 days.

BlackRock MuniHoldings California Quality Fund Price Performance

Shares of MUC traded up $0.06 during midday trading on Wednesday, hitting $10.54. The company had a trading volume of 144,723 shares, compared to its average volume of 255,993. The company's 50 day moving average price is $10.64 and its 200 day moving average price is $10.86. BlackRock MuniHoldings California Quality Fund has a 52 week low of $9.97 and a 52 week high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be given 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 Tuesday, April 15th.

Institutional Investors Weigh In On BlackRock MuniHoldings California Quality Fund

A number of institutional investors have recently modified their holdings of the business. Rivernorth Capital Management LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 7.1% during the 3rd quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company's stock valued at $29,233,000 after buying an additional 167,785 shares during the last quarter. Bank of America Corp DE boosted its stake in BlackRock MuniHoldings California Quality Fund by 6.1% during the 4th quarter. Bank of America Corp DE now owns 1,604,841 shares of the company's stock valued at $17,059,000 after purchasing an additional 92,731 shares during the period. Guggenheim Capital LLC boosted its stake in BlackRock MuniHoldings California Quality Fund by 24.5% during the 4th quarter. Guggenheim Capital LLC now owns 1,590,482 shares of the company's stock valued at $16,907,000 after purchasing an additional 313,310 shares during the period. Mackay Shields LLC boosted its stake in BlackRock MuniHoldings California Quality Fund by 654.9% during the 1st quarter. Mackay Shields LLC now owns 981,667 shares of the company's stock valued at $10,514,000 after purchasing an additional 851,621 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in BlackRock MuniHoldings California Quality Fund by 4.3% during the 4th quarter. Wells Fargo & Company MN now owns 748,692 shares of the company's stock valued at $7,959,000 after purchasing an additional 30,963 shares during the period. Institutional investors own 30.99% of the company's stock.

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.