BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Short Interest Down 77.0% in November

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 17,200 shares, a decline of 77.0% from the October 31st total of 74,700 shares. Based on an average daily volume of 235,300 shares, the short-interest ratio is presently 0.1 days.

BlackRock MuniHoldings California Quality Fund Stock Performance

MUC traded up $0.16 during trading hours on Wednesday, hitting $11.26. 331,501 shares of the company’s stock were exchanged, compared to its average volume of 244,257. BlackRock MuniHoldings California Quality Fund has a 1-year low of $10.43 and a 1-year high of $11.64. The stock’s 50-day moving average is $11.29 and its two-hundred day moving average is $11.18.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $0.0535 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.70%.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Sanctuary Advisors LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth approximately $4,308,000. Rivernorth Capital Management LLC lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 7.1% during the third quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company’s stock worth $29,233,000 after buying an additional 167,785 shares in the last quarter. Creative Planning boosted its position in shares of BlackRock MuniHoldings California Quality Fund by 201.5% in the second quarter. Creative Planning now owns 57,242 shares of the company’s stock valued at $635,000 after acquiring an additional 38,254 shares during the period. Advisors Asset Management Inc. grew its stake 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 acquiring an additional 30,594 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in BlackRock MuniHoldings California Quality Fund during the third quarter worth about $340,000. 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.