BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Get Free Report) was the target of a significant growth in short interest during 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 shares are sold short. 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
MUC stock traded down $0.07 during midday trading on Friday, hitting $10.56. The stock had a trading volume of 190,870 shares, compared to its average volume of 255,089. The business has a fifty day moving average price of $10.63 and a two-hundred day moving average price of $10.85. BlackRock MuniHoldings California Quality Fund has a 1-year low of $9.97 and a 1-year high of $11.64.
BlackRock MuniHoldings California Quality Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th were paid a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date was Tuesday, April 15th.
Institutional Investors Weigh In On BlackRock MuniHoldings California Quality Fund
Several large investors have recently added to or reduced their stakes in the business. Mackay Shields LLC lifted its stake in BlackRock MuniHoldings California Quality Fund by 654.9% in the first quarter. Mackay Shields LLC now owns 981,667 shares of the company's stock valued at $10,514,000 after buying an additional 851,621 shares during the period. Guggenheim Capital LLC increased its stake in shares of BlackRock MuniHoldings California Quality Fund by 24.5% in the 4th quarter. Guggenheim Capital LLC now owns 1,590,482 shares of the company's stock valued at $16,907,000 after acquiring an additional 313,310 shares in the last quarter. Atala Financial Inc acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at $2,672,000. Whipplewood Advisors LLC boosted its stake in BlackRock MuniHoldings California Quality Fund by 2,106.8% during the first quarter. Whipplewood Advisors LLC now owns 241,863 shares of the company's stock worth $2,590,000 after acquiring an additional 230,903 shares in the last quarter. Finally, Logan Stone Capital LLC grew its holdings in BlackRock MuniHoldings California Quality Fund by 199.7% in the fourth quarter. Logan Stone Capital LLC now owns 270,740 shares of the company's stock worth $2,878,000 after purchasing an additional 180,414 shares during the period. Institutional investors and hedge funds own 30.99% of the company's stock.
About BlackRock MuniHoldings California Quality Fund
(
Get Free Report)
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.
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