BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Get Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 17,600 shares, a decline of 57.4% from the April 30th total of 41,300 shares. Based on an average daily volume of 57,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company's shares are short sold.
BlackRock MuniYield Quality Fund II Price Performance
MQT traded up $0.04 during trading on Friday, reaching $9.56. The stock had a trading volume of 48,823 shares, compared to its average volume of 58,142. BlackRock MuniYield Quality Fund II has a one year low of $9.05 and a one year high of $11.00. The stock's 50 day moving average is $9.68 and its two-hundred day moving average is $10.03.
BlackRock MuniYield Quality Fund II Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a $0.051 dividend. This represents a $0.61 annualized dividend and a yield of 6.40%. The ex-dividend date of this dividend is Thursday, May 15th.
Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II
A number of hedge funds have recently bought and sold shares of MQT. Mackay Shields LLC increased its holdings in shares of BlackRock MuniYield Quality Fund II by 3.5% in the 1st quarter. Mackay Shields LLC now owns 1,026,805 shares of the investment management company's stock worth $10,268,000 after purchasing an additional 34,720 shares in the last quarter. Raymond James Financial Inc. lifted its stake in BlackRock MuniYield Quality Fund II by 5.3% during the 1st quarter. Raymond James Financial Inc. now owns 526,772 shares of the investment management company's stock valued at $5,268,000 after acquiring an additional 26,335 shares during the period. Guggenheim Capital LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund II by 32.5% during the 4th quarter. Guggenheim Capital LLC now owns 499,159 shares of the investment management company's stock valued at $4,922,000 after acquiring an additional 122,442 shares during the last quarter. Sit Investment Associates Inc. grew its stake in shares of BlackRock MuniYield Quality Fund II by 49.3% in the first quarter. Sit Investment Associates Inc. now owns 423,520 shares of the investment management company's stock worth $4,235,000 after acquiring an additional 139,927 shares during the period. Finally, Hennion & Walsh Asset Management Inc. lifted its position in BlackRock MuniYield Quality Fund II by 476.1% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 191,337 shares of the investment management company's stock valued at $1,913,000 after purchasing an additional 158,124 shares during the period. Institutional investors own 30.75% of the company's stock.
About BlackRock MuniYield Quality Fund II
(
Get Free Report)
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.
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