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

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Get Free Report) saw a large growth in short interest in May. As of May 15th, there was short interest totalling 127,900 shares, a growth of 31.7% from the April 30th total of 97,100 shares. Based on an average daily volume of 212,700 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

BlackRock MuniHoldings California Quality Fund Stock Down 0.3%

MUC stock traded down $0.04 during trading on Friday, reaching $10.29. The company had a trading volume of 253,949 shares, compared to its average volume of 250,456. The firm has a 50-day simple moving average of $10.41 and a 200-day simple moving average of $10.72. BlackRock MuniHoldings California Quality Fund has a twelve month low of $9.97 and a twelve month high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be paid a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 6.24%. The ex-dividend date of this dividend is Friday, June 13th.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. acquired a new stake in BlackRock MuniHoldings California Quality Fund in the 3rd quarter worth approximately $25,000. US Bancorp DE raised its position in BlackRock MuniHoldings California Quality Fund by 937.6% during the 1st quarter. US Bancorp DE now owns 3,144 shares of the company's stock worth $34,000 after buying an additional 2,841 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in BlackRock MuniHoldings California Quality Fund during the 4th quarter worth approximately $55,000. Van Hulzen Asset Management LLC raised its position in BlackRock MuniHoldings California Quality Fund by 16.6% during the 1st quarter. Van Hulzen Asset Management LLC now owns 10,693 shares of the company's stock worth $115,000 after buying an additional 1,519 shares during the last quarter. Finally, Whipplewood Advisors LLC purchased a new position in BlackRock MuniHoldings California Quality Fund during the 4th quarter worth approximately $117,000. 30.99% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Company Profile

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.