BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Update

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 8,400 shares, a decrease of 25.7% from the May 15th total of 11,300 shares. Based on an average daily volume of 51,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of BlackRock MuniYield Quality Fund II

A number of hedge funds and other institutional investors have recently made changes to their positions in MQT. UBS Group AG increased its stake in shares of BlackRock MuniYield Quality Fund II by 1.3% in the third quarter. UBS Group AG now owns 261,338 shares of the investment management company’s stock worth $2,349,000 after acquiring an additional 3,233 shares during the period. Fiera Capital Corp boosted its holdings in BlackRock MuniYield Quality Fund II by 2.1% during the third quarter. Fiera Capital Corp now owns 352,532 shares of the investment management company’s stock worth $3,169,000 after buying an additional 7,396 shares in the last quarter. Mystic Asset Management Inc. boosted its holdings in BlackRock MuniYield Quality Fund II by 47.1% during the third quarter. Mystic Asset Management Inc. now owns 53,100 shares of the investment management company’s stock worth $477,000 after buying an additional 17,000 shares in the last quarter. Alpine Global Management LLC purchased a new stake in BlackRock MuniYield Quality Fund II during the third quarter worth $200,000. Finally, Saba Capital Management L.P. purchased a new stake in BlackRock MuniYield Quality Fund II during the third quarter worth $264,000. Institutional investors and hedge funds own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Trading Up 0.2 %

BlackRock MuniYield Quality Fund II stock traded up $0.02 during mid-day trading on Friday, reaching $10.15. 24,548 shares of the company traded hands, compared to its average volume of 52,778. BlackRock MuniYield Quality Fund II has a fifty-two week low of $8.59 and a fifty-two week high of $10.67. The firm’s fifty day moving average is $10.00 and its two-hundred day moving average is $10.23.

BlackRock MuniYield Quality Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be paid a $0.049 dividend. The ex-dividend date is Friday, June 14th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 5.79%.

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.