BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Short Interest Down 96.9% in January

Posted by Xavier Holt on Jan 30th, 2025

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC – Get Free Report) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,900 shares, a drop of 96.9% from the December 31st total of 60,900 shares. Based on an average daily volume of 330,500 shares, the days-to-cover ratio is currently 0.0 days.

BlackRock MuniHoldings California Quality Fund Stock Down 0.2 %

Shares of MUC opened at $10.78 on Thursday. The firm’s 50 day moving average is $10.88 and its 200-day moving average is $11.14. BlackRock MuniHoldings California Quality Fund has a 12 month low of $10.52 and a 12 month high of $11.64.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.0535 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.64 annualized dividend and a dividend yield of 5.96%.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new stake in BlackRock MuniHoldings California Quality Fund in the third quarter valued at approximately $25,000. Fortitude Family Office LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund in the third quarter valued at approximately $48,000. Golden State Wealth Management LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at approximately $55,000. Oppenheimer & Co. Inc. acquired a new stake in BlackRock MuniHoldings California Quality Fund in the third quarter valued at approximately $118,000. Finally, Octavia Wealth Advisors LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at approximately $120,000. Institutional investors and hedge funds own 30.99% of the company’s stock.

About BlackRock MuniHoldings California Quality Fund

(Get Free Report)

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.