Short Interest in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Decreases By 33.1%

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 57,200 shares, a decline of 33.1% from the September 30th total of 85,500 shares. Based on an average daily volume of 262,200 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 262,200 shares, the days-to-cover ratio is presently 0.2 days.

BlackRock MuniHoldings California Quality Fund Price Performance

MUC stock remained flat at $10.83 during mid-day trading on Tuesday. The company’s stock had a trading volume of 169,276 shares, compared to its average volume of 242,732. The company has a 50-day moving average price of $10.69 and a two-hundred day moving average price of $10.44. BlackRock MuniHoldings California Quality Fund has a 1-year low of $9.97 and a 1-year high of $11.47.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be paid a $0.0535 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

Hedge Funds Weigh In On BlackRock MuniHoldings California Quality Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dakota Wealth Management raised its position in shares of BlackRock MuniHoldings California Quality Fund by 27.3% in the 1st quarter. Dakota Wealth Management now owns 237,076 shares of the company’s stock worth $2,539,000 after purchasing an additional 50,900 shares during the last quarter. Hollencrest Capital Management lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 9.6% during the 1st quarter. Hollencrest Capital Management now owns 225,446 shares of the company’s stock valued at $2,415,000 after purchasing an additional 19,800 shares during the last quarter. Choreo LLC raised its holdings in shares of BlackRock MuniHoldings California Quality Fund by 10.6% in the first quarter. Choreo LLC now owns 53,930 shares of the company’s stock worth $580,000 after buying an additional 5,154 shares during the last quarter. Wedbush Securities Inc. raised its position in BlackRock MuniHoldings California Quality Fund by 19.2% during the first quarter. Wedbush Securities Inc. now owns 57,115 shares of the company’s stock valued at $612,000 after acquiring an additional 9,215 shares in the last quarter. Finally, Alteri Wealth LLC increased its stake in BlackRock MuniHoldings California Quality Fund by 15.0% during the 1st quarter. Alteri Wealth LLC now owns 75,429 shares of the company’s stock worth $808,000 after buying an additional 9,861 shares in the last quarter. Hedge funds and other institutional investors own 30.99% of the company’s stock.

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.