BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 38,500 shares, a drop of 69.2% from the March 31st total of 124,800 shares. Based on an average trading volume of 187,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp bought a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter valued at $29,000. NBC Securities Inc. raised its position in shares of BlackRock MuniYield Quality Fund by 106,366.7% during the 1st quarter. NBC Securities Inc. now owns 3,194 shares of the financial services provider's stock valued at $37,000 after purchasing an additional 3,191 shares during the period. Assetmark Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter valued at $37,000. Signaturefd LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter valued at $58,000. Finally, Bfsg LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the 1st quarter valued at $67,000. 25.51% of the stock is currently owned by institutional investors.
BlackRock MuniYield Quality Fund Stock Up 0.2 %
MQY traded up $0.03 during trading on Thursday, hitting $11.17. The company's stock had a trading volume of 105,164 shares, compared to its average volume of 180,847. BlackRock MuniYield Quality Fund has a one year low of $10.52 and a one year high of $13.29. The business's 50 day simple moving average is $11.46 and its 200-day simple moving average is $11.94.
BlackRock MuniYield Quality Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a $0.058 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.70 annualized dividend and a yield of 6.23%.
About BlackRock MuniYield Quality Fund
(
Get Free Report)
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.
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