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

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 252,600 shares, an increase of 20.6% from the March 31st total of 209,500 shares. Based on an average trading volume of 157,000 shares, the short-interest ratio is presently 1.6 days.

BlackRock MuniYield Quality Fund Stock Performance

Shares of MQY traded up $0.04 during mid-day trading on Wednesday, reaching $11.79. 168,590 shares of the company's stock were exchanged, compared to its average volume of 161,700. The business's fifty day simple moving average is $12.19 and its 200-day simple moving average is $11.78. BlackRock MuniYield Quality Fund has a 52-week low of $9.82 and a 52-week high of $12.52.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a dividend of $0.058 per share. The ex-dividend date is Friday, April 12th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.90%.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund

A number of hedge funds have recently modified their holdings of MQY. NBC Securities Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the third quarter worth $32,000. ICA Group Wealth Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $54,000. Private Trust Co. NA acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $55,000. Anchor Investment Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $73,000. Finally, Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the third quarter worth $75,000. 25.51% of the stock is currently owned by hedge funds and other institutional investors.

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.