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

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

BlackRock MuniHoldings California Quality Fund Stock Up 0.3%

Shares of NYSE:MUC traded up $0.04 during trading on Monday, reaching $10.75. 65,319 shares of the stock were exchanged, compared to its average volume of 268,410. BlackRock MuniHoldings California Quality Fund has a 12-month low of $9.97 and a 12-month high of $11.04. The firm’s 50-day moving average price is $10.86 and its 200 day moving average price is $10.76.

BlackRock MuniHoldings California Quality Fund Announces Dividend

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

Institutional Investors Weigh In On BlackRock MuniHoldings California Quality Fund

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 57.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 49,899 shares of the company’s stock valued at $516,000 after acquiring an additional 18,135 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in BlackRock MuniHoldings California Quality Fund by 3.1% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 110,392 shares of the company’s stock valued at $1,143,000 after purchasing an additional 3,339 shares in the last quarter. Advisors Asset Management Inc. raised its position in BlackRock MuniHoldings California Quality Fund by 16.0% in the second quarter. Advisors Asset Management Inc. now owns 752,848 shares of the company’s stock valued at $7,792,000 after purchasing an additional 103,646 shares during the period. Van Hulzen Asset Management LLC raised its position in BlackRock MuniHoldings California Quality Fund by 23.7% in the second quarter. Van Hulzen Asset Management LLC now owns 13,222 shares of the company’s stock valued at $137,000 after purchasing an additional 2,529 shares during the period. Finally, Guggenheim Capital LLC lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 12.1% during the second quarter. Guggenheim Capital LLC now owns 1,832,307 shares of the company’s stock worth $18,964,000 after purchasing an additional 197,341 shares in the last quarter. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Company Profile

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.