BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Down 75.1% in December

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 11,800 shares, a decrease of 75.1% from the November 30th total of 47,300 shares. Based on an average trading volume of 62,400 shares, the days-to-cover ratio is currently 0.2 days.

BlackRock MuniYield Quality Fund II Trading Up 0.1 %

Shares of NYSE MQT traded up $0.01 during midday trading on Thursday, reaching $9.93. The company had a trading volume of 155,304 shares, compared to its average volume of 52,150. The firm’s fifty day moving average price is $10.41 and its 200-day moving average price is $10.48. BlackRock MuniYield Quality Fund II has a one year low of $9.74 and a one year high of $11.00.

BlackRock MuniYield Quality Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.051 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.61 annualized dividend and a yield of 6.16%.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Several large investors have recently modified their holdings of MQT. HF Advisory Group LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II during the 3rd quarter valued at $109,000. Wolverine Asset Management LLC purchased a new position in shares of BlackRock MuniYield Quality Fund II during the second quarter valued at $159,000. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of BlackRock MuniYield Quality Fund II during the 3rd quarter worth $199,000. HighTower Advisors LLC grew its holdings 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 during the last quarter. Finally, Horizon Kinetics Asset Management LLC raised its position in shares of BlackRock MuniYield Quality Fund II by 3.4% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 39,579 shares of the investment management company’s stock valued at $428,000 after purchasing an additional 1,300 shares during the last quarter. 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.