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

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 16,500 shares, a drop of 77.8% from the February 13th total of 74,400 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 307,800 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On BlackRock MuniHoldings California Quality Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rivernorth Capital Management LLC lifted its holdings 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 purchasing an additional 167,785 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of 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 worth $17,059,000 after purchasing an additional 92,731 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in 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 purchasing an additional 313,310 shares during the last quarter. Wells Fargo & Company MN lifted its position in BlackRock MuniHoldings California Quality Fund by 4.3% in the fourth quarter. Wells Fargo & Company MN now owns 748,692 shares of the company’s stock valued at $7,959,000 after buying an additional 30,963 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in BlackRock MuniHoldings California Quality Fund by 10.7% during the fourth quarter. Advisors Asset Management Inc. now owns 574,270 shares of the company’s stock worth $6,104,000 after purchasing an additional 55,557 shares in the last quarter. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Down 0.2 %

Shares of BlackRock MuniHoldings California Quality Fund stock traded down $0.03 on Wednesday, reaching $10.85. The company’s stock had a trading volume of 179,247 shares, compared to its average volume of 230,937. BlackRock MuniHoldings California Quality Fund has a 52 week low of $10.52 and a 52 week high of $11.64. The firm’s fifty day simple moving average is $10.85 and its two-hundred day simple moving average is $11.09.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.0535 dividend. This represents a $0.64 annualized dividend and a yield of 5.92%. The ex-dividend date of this dividend is Friday, March 14th.

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.