BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Up 190.7% in October

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 40,700 shares, a growth of 190.7% from the October 15th total of 14,000 shares. Based on an average trading volume of 52,100 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of MQT. Concurrent Investment Advisors LLC grew its holdings in shares of BlackRock MuniYield Quality Fund II by 28.3% during the first quarter. Concurrent Investment Advisors LLC now owns 34,684 shares of the investment management company’s stock worth $365,000 after purchasing an additional 7,647 shares in the last quarter. Raymond James & Associates boosted its stake in BlackRock MuniYield Quality Fund II by 1.7% in the second quarter. Raymond James & Associates now owns 243,612 shares of the investment management company’s stock worth $2,507,000 after buying an additional 4,095 shares in the last quarter. Ackerman Capital Advisors LLC purchased a new stake in BlackRock MuniYield Quality Fund II in the second quarter worth approximately $199,000. Rothschild Investment LLC purchased a new stake in BlackRock MuniYield Quality Fund II in the second quarter worth approximately $517,000. Finally, Wolverine Asset Management LLC purchased a new stake in BlackRock MuniYield Quality Fund II in the second quarter worth approximately $159,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Trading Down 1.1 %

Shares of MQT traded down $0.12 during midday trading on Friday, hitting $10.35. 8,376 shares of the company traded hands, compared to its average volume of 50,075. The stock has a 50-day moving average of $10.64 and a 200-day moving average of $10.40. BlackRock MuniYield Quality Fund II has a one year low of $9.60 and a one year high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 5.91%. The ex-dividend date is Friday, November 15th.

BlackRock MuniYield Quality Fund II Company Profile

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.