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

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

Institutional Trading of BlackRock MuniHoldings California Quality Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new position in BlackRock MuniHoldings California Quality Fund during the third quarter worth about $25,000. Perigon Wealth Management LLC increased its position in BlackRock MuniHoldings California Quality Fund by 42.8% in the 4th quarter. Perigon Wealth Management LLC now owns 15,351 shares of the company’s stock valued at $163,000 after buying an additional 4,603 shares in the last quarter. Choreo LLC increased its stake in shares of BlackRock MuniHoldings California Quality Fund by 12.6% during the 4th quarter. Choreo LLC now owns 48,776 shares of the company’s stock worth $518,000 after purchasing an additional 5,469 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund during the fourth quarter valued at about $55,000. Finally, Atria Wealth Solutions Inc. lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 30.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 167,437 shares of the company’s stock worth $1,780,000 after buying an additional 38,842 shares in the last quarter. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Up 0.2%

NYSE:MUC opened at $10.36 on Wednesday. The firm’s fifty day simple moving average is $10.43 and its 200 day simple moving average is $10.73. 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 Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a dividend of $0.0535 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.64 annualized dividend and a dividend yield of 6.20%.

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.