Blackrock Muniyld California Quty Fd Inc (NYSE:MCA) Short Interest Update

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Blackrock Muniyld California Quty Fd Inc (NYSE:MCA) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 39,400 shares, an increase of 21.2% from the August 31st total of 32,500 shares. Based on an average daily trading volume, of 63,500 shares, the days-to-cover ratio is presently 0.6 days.

Shares of NYSE:MCA traded down $0.03 during midday trading on Friday, reaching $14.37. The company’s stock had a trading volume of 60,809 shares, compared to its average volume of 77,341. Blackrock Muniyld California Quty Fd has a fifty-two week low of $10.25 and a fifty-two week high of $15.14. The business’s fifty day simple moving average is $14.71 and its 200-day simple moving average is $13.88.

The firm also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be paid a $0.053 dividend. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.43%.

Large investors have recently made changes to their positions in the company. Morgan Stanley increased its stake in shares of Blackrock Muniyld California Quty Fd by 1.8% in the first quarter. Morgan Stanley now owns 593,440 shares of the company’s stock valued at $8,029,000 after buying an additional 10,678 shares in the last quarter. Wells Fargo & Company MN increased its position in Blackrock Muniyld California Quty Fd by 13.3% in the first quarter. Wells Fargo & Company MN now owns 282,326 shares of the company’s stock worth $3,820,000 after purchasing an additional 33,081 shares during the period. Ameritas Investment Company LLC acquired a new stake in Blackrock Muniyld California Quty Fd in the first quarter worth about $35,000. Royal Bank of Canada increased its position in Blackrock Muniyld California Quty Fd by 39.7% in the first quarter. Royal Bank of Canada now owns 172,445 shares of the company’s stock worth $2,333,000 after purchasing an additional 49,045 shares during the period. Finally, Advisor Group Holdings Inc. acquired a new stake in Blackrock Muniyld California Quty Fd in the first quarter worth about $1,381,000.

About Blackrock Muniyld California Quty Fd

BlackRock MuniYield 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 in a portfolio of long-term investment-grade municipal obligations, the interest on which is exempt from Federal and California income taxes.

See Also: Lock-Up Period Expiration

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