BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Short Interest Down 31.2% in March

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 60,343 shares, a decline of 31.2% from the February 26th total of 87,768 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 303,832 shares, the short-interest ratio is currently 0.2 days.

BlackRock MuniHoldings California Quality Fund Stock Down 1.4%

Shares of MUC traded down $0.15 during mid-day trading on Friday, hitting $10.25. The company’s stock had a trading volume of 330,000 shares, compared to its average volume of 284,273. The stock’s 50-day moving average is $10.82 and its two-hundred day moving average is $10.77. BlackRock MuniHoldings California Quality Fund has a one year low of $9.97 and a one year high of $11.04.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a dividend of $0.0535 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Monday, June 15th.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EP Wealth Advisors LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the fourth quarter valued at about $126,000. Readystate Asset Management LP acquired a new stake in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth about $336,000. Rivernorth Capital Management LLC increased its stake in BlackRock MuniHoldings California Quality Fund by 55.2% during the fourth quarter. Rivernorth Capital Management LLC now owns 2,308,887 shares of the company’s stock valued at $24,474,000 after acquiring an additional 821,347 shares during the period. Evolve Private Wealth LLC bought a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter valued at about $337,000. Finally, Guggenheim Capital LLC raised its holdings in BlackRock MuniHoldings California Quality Fund by 9.2% in the 4th quarter. Guggenheim Capital LLC now owns 2,479,122 shares of the company’s stock valued at $26,279,000 after acquiring an additional 208,561 shares in the last quarter. 30.99% of the stock is currently owned by institutional investors and hedge funds.

About BlackRock MuniHoldings California Quality Fund

BlackRock MuniHoldings California Quality Fund (NYSE: MUC) is a closed-end management investment company that seeks to provide high-quality, federally and California tax-exempt income. The fund primarily invests in investment-grade municipal obligations issued by or on behalf of entities located in California, including general obligation bonds and revenue bonds that finance public projects such as schools, transportation infrastructure and utilities.

The fund’s portfolio construction emphasizes credit quality and geographic concentration, targeting bonds rated at or above investment grade by nationally recognized statistical rating organizations.