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

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

Institutional Trading of BlackRock MuniHoldings California Quality Fund

A number of large investors have recently made changes to their positions in the stock. Wolverine Asset Management LLC lifted its holdings in BlackRock MuniHoldings California Quality Fund by 450.3% during the 3rd quarter. Wolverine Asset Management LLC now owns 35,162 shares of the company’s stock valued at $405,000 after buying an additional 28,772 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of BlackRock MuniHoldings California Quality Fund during the third quarter valued at approximately $118,000. Intellectus Partners LLC boosted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 5.0% in the third quarter. Intellectus Partners LLC now owns 83,226 shares of the company’s stock valued at $963,000 after purchasing an additional 3,994 shares during the period. Advisors Asset Management Inc. boosted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 6.3% in the third quarter. Advisors Asset Management Inc. now owns 518,713 shares of the company’s stock valued at $5,976,000 after purchasing an additional 30,594 shares during the period. Finally, Rockefeller Capital Management L.P. grew its stake in BlackRock MuniHoldings California Quality Fund by 0.9% in the third quarter. Rockefeller Capital Management L.P. now owns 116,529 shares of the company’s stock worth $1,342,000 after purchasing an additional 1,072 shares in the last quarter. 30.99% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Price Performance

Shares of MUC stock traded down $0.08 on Thursday, reaching $10.79. 288,933 shares of the company’s stock were exchanged, compared to its average volume of 234,072. The company’s fifty day simple moving average is $10.86 and its 200 day simple moving average is $11.09. BlackRock MuniHoldings California Quality Fund has a 52 week low of $10.52 and a 52 week high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a $0.0535 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 5.95%.

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.