BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Sees Large Decline in Short Interest

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 39,600 shares, a decrease of 51.7% from the March 15th total of 82,000 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 248,400 shares, the short-interest ratio is presently 0.2 days.

BlackRock MuniHoldings California Quality Fund Stock Down 0.9 %

Shares of NYSE:MUC traded down $0.09 during trading on Monday, hitting $10.19. 61,403 shares of the company were exchanged, compared to its average volume of 257,897. BlackRock MuniHoldings California Quality Fund has a fifty-two week low of $9.97 and a fifty-two week high of $11.64. The firm has a fifty day moving average price of $10.73 and a two-hundred day moving average price of $10.92.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.0535 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.64 dividend on an annualized basis and a yield of 6.30%.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Several large investors have recently modified their holdings of MUC. Atria Wealth Solutions Inc. increased its holdings in BlackRock MuniHoldings California Quality Fund by 30.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 167,437 shares of the company's stock valued at $1,780,000 after buying an additional 38,842 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $455,000. Advisors Asset Management Inc. raised its holdings in shares of BlackRock MuniHoldings California Quality Fund by 10.7% during the 4th quarter. Advisors Asset Management Inc. now owns 574,270 shares of the company's stock worth $6,104,000 after buying an additional 55,557 shares in the last quarter. SteelPeak Wealth LLC bought a new position in BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at about $248,000. Finally, PNC Financial Services Group Inc. raised its stake in BlackRock MuniHoldings California Quality Fund by 255.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 96,220 shares of the company's stock worth $1,023,000 after acquiring an additional 69,136 shares in the last quarter. 30.99% of the stock is owned by institutional investors and hedge funds.

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.