Short Interest in Blackrock Muniyld California Quty Fd Inc (NYSE:MCA) Increases By 21.2%

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MCA. Ameritas Investment Company LLC purchased a new stake in Blackrock Muniyld California Quty Fd during the first quarter valued at approximately $35,000. Rockefeller Capital Management L.P. purchased a new stake in Blackrock Muniyld California Quty Fd during the 2nd quarter valued at $80,000. WESCAP Management Group Inc. lifted its position in Blackrock Muniyld California Quty Fd by 116.1% in the second quarter. WESCAP Management Group Inc. now owns 29,427 shares of the company’s stock worth $408,000 after buying an additional 15,808 shares during the last quarter. Garrison Point Capital LLC purchased a new position in Blackrock Muniyld California Quty Fd during the second quarter worth $416,000. Finally, CNH Partners LLC purchased a new position in Blackrock Muniyld California Quty Fd during the first quarter worth $418,000.

Shares of Blackrock Muniyld California Quty Fd stock traded up $0.04 during trading hours on Thursday, reaching $14.40. The company’s stock had a trading volume of 30,702 shares, compared to its average volume of 77,428. The firm has a 50 day moving average price of $14.74 and a 200-day moving average price of $13.86. Blackrock Muniyld California Quty Fd has a one year low of $10.25 and a one year high of $15.14.

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.053 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend is Monday, September 14th.

Blackrock Muniyld California Quty Fd Company Profile

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.

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