Short Interest in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Drops By 25.7%

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 10,400 shares, a drop of 25.7% from the August 15th total of 14,000 shares. Based on an average daily trading volume, of 43,800 shares, the short-interest ratio is presently 0.2 days.

BlackRock MuniYield Quality Fund II Stock Up 0.1 %

Shares of NYSE MQT traded up $0.02 during mid-day trading on Friday, reaching $10.89. 65,236 shares of the company’s stock traded hands, compared to its average volume of 48,576. The business has a 50-day simple moving average of $10.53 and a 200 day simple moving average of $10.30. BlackRock MuniYield Quality Fund II has a 1-year low of $8.59 and a 1-year high of $10.95.

BlackRock MuniYield Quality Fund II Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be paid a $0.051 dividend. This is a positive change from BlackRock MuniYield Quality Fund II’s previous dividend of $0.05. The ex-dividend date of this dividend is Tuesday, October 15th.

Institutional Trading of BlackRock MuniYield Quality Fund II

Large investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC purchased a new position in BlackRock MuniYield Quality Fund II in the fourth quarter valued at approximately $108,000. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II in the second quarter valued at approximately $159,000. Ackerman Capital Advisors LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund II during the 2nd quarter valued at approximately $199,000. Concurrent Investment Advisors LLC boosted its holdings in BlackRock MuniYield Quality Fund II by 28.3% in the 1st quarter. Concurrent Investment Advisors LLC now owns 34,684 shares of the investment management company’s stock worth $365,000 after buying an additional 7,647 shares during the period. Finally, Rothschild Investment LLC purchased a new position in BlackRock MuniYield Quality Fund II in the 2nd quarter valued at approximately $517,000. Hedge funds and other institutional investors 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.