BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Sees Large Increase in Short Interest

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 20,500 shares, a growth of 23.5% from the February 13th total of 16,600 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 68,900 shares, the days-to-cover ratio is presently 0.3 days.

BlackRock MuniYield Quality Fund II Price Performance

Shares of NYSE:MQT opened at $10.02 on Tuesday. The business’s 50 day moving average is $10.17 and its 200-day moving average is $10.38. BlackRock MuniYield Quality Fund II has a 1-year low of $9.74 and a 1-year high of $11.00.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a $0.051 dividend. This represents a $0.61 annualized dividend and a yield of 6.11%. The ex-dividend date of this dividend is Friday, March 14th.

Institutional Trading of BlackRock MuniYield Quality Fund II

Institutional investors have recently bought and sold shares of the stock. Elequin Capital LP acquired a new position in BlackRock MuniYield Quality Fund II in the fourth quarter worth $39,000. Citadel Advisors LLC acquired a new position in BlackRock MuniYield Quality Fund II in the fourth quarter worth $120,000. Noble Wealth Management PBC acquired a new position in BlackRock MuniYield Quality Fund II in the fourth quarter worth $171,000. Virtu Financial LLC acquired a new position in BlackRock MuniYield Quality Fund II in the fourth quarter worth $182,000. Finally, HighTower Advisors LLC boosted its stake in BlackRock MuniYield Quality Fund II by 20.3% in the third quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after purchasing an additional 3,131 shares in the last quarter. Institutional investors and hedge funds own 30.75% of the company’s stock.

About BlackRock MuniYield Quality Fund II

BlackRock MuniYield Quality Fund II, 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 primarily invests in municipal debt bonds exempt from federal income taxes. BlackRock MuniYield Quality Fund II, Inc was formed in September 21, 1992 and is domiciled in United States.