Short Interest in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Decreases By 91.3%

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 6,800 shares, a decrease of 91.3% from the December 31st total of 78,000 shares. Based on an average daily trading volume, of 241,000 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund

Institutional investors have recently bought and sold shares of the stock. Hennion & Walsh Asset Management Inc. increased its position in shares of BlackRock MuniYield Quality Fund by 35.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock valued at $10,769,000 after purchasing an additional 242,500 shares during the period. Pathway Financial Advisers LLC boosted its position in BlackRock MuniYield Quality Fund by 7,424.0% in the third quarter. Pathway Financial Advisers LLC now owns 298,178 shares of the financial services provider’s stock valued at $3,909,000 after buying an additional 294,215 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of BlackRock MuniYield Quality Fund by 10.5% in the third quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock valued at $2,431,000 after acquiring an additional 17,695 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund by 10.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 163,262 shares of the financial services provider’s stock worth $1,881,000 after acquiring an additional 15,341 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in BlackRock MuniYield Quality Fund by 6.2% during the 3rd quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider’s stock worth $1,549,000 after acquiring an additional 6,874 shares during the last quarter. 25.51% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Stock Up 0.5 %

Shares of MQY stock traded up $0.06 during trading hours on Tuesday, reaching $11.79. 261,342 shares of the stock traded hands, compared to its average volume of 223,544. BlackRock MuniYield Quality Fund has a 1-year low of $11.43 and a 1-year high of $13.29. The business has a fifty day moving average price of $12.06 and a 200 day moving average price of $12.46.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a yield of 5.90%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.