BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Short Interest Down 16.1% in February

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 87,768 shares, a decline of 16.1% from the February 12th total of 104,553 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 219,379 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 219,379 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

BlackRock MuniHoldings California Quality Fund Price Performance

BlackRock MuniHoldings California Quality Fund stock remained flat at $10.74 during midday trading on Tuesday. The company had a trading volume of 210,712 shares, compared to its average volume of 258,153. BlackRock MuniHoldings California Quality Fund has a 12-month low of $9.97 and a 12-month high of $11.04. The stock’s fifty day simple moving average is $10.86 and its two-hundred day simple moving average is $10.76.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.0535 dividend. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date is Monday, June 15th.

Hedge Funds Weigh In On BlackRock MuniHoldings California Quality Fund

Institutional investors have recently made changes to their positions in the company. WFA of San Diego LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund during the second quarter worth $26,000. Elyxium Wealth LLC purchased a new position in BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at $69,000. Sanders Morris Harris LLC purchased a new position in BlackRock MuniHoldings California Quality Fund in the third quarter valued at $108,000. Pasadena Private Wealth LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth about $106,000. Finally, Nomura Holdings Inc. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the second quarter worth about $104,000. 30.99% of the stock is owned by hedge funds and other institutional investors.

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.