Short Interest in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Declines By 40.3%

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 75,400 shares, a drop of 40.3% from the January 31st total of 126,300 shares. Based on an average trading volume of 71,800 shares, the days-to-cover ratio is currently 1.1 days.

BlackRock MuniHoldings Quality Fund II Stock Down 1.2 %

NYSE MUE traded down $0.13 during midday trading on Tuesday, hitting $10.30. 26,952 shares of the company traded hands, compared to its average volume of 51,299. The company’s 50-day simple moving average is $10.23 and its 200-day simple moving average is $10.44. BlackRock MuniHoldings Quality Fund II has a 52 week low of $9.65 and a 52 week high of $10.95.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.051 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.61 annualized dividend and a yield of 5.94%.

Institutional Trading of BlackRock MuniHoldings Quality Fund II

Several hedge funds and other institutional investors have recently bought and sold shares of MUE. Elequin Capital LP purchased a new stake in shares of BlackRock MuniHoldings Quality Fund II during the 4th quarter valued at $47,000. Farther Finance Advisors LLC lifted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 317.9% during the 4th quarter. Farther Finance Advisors LLC now owns 5,215 shares of the investment management company’s stock valued at $52,000 after purchasing an additional 3,967 shares during the last quarter. Avior Wealth Management LLC lifted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 32.1% during the 3rd quarter. Avior Wealth Management LLC now owns 7,750 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,882 shares during the last quarter. Nuveen Asset Management LLC lifted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 25.6% during the 4th quarter. Nuveen Asset Management LLC now owns 14,918 shares of the investment management company’s stock valued at $149,000 after purchasing an additional 3,045 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 18.4% during the 3rd quarter. HighTower Advisors LLC now owns 16,991 shares of the investment management company’s stock valued at $176,000 after purchasing an additional 2,644 shares during the last quarter.

About BlackRock MuniHoldings Quality Fund II

BlackRock MuniHoldings 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 of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.