BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Get Free Report) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 32,300 shares, a decline of 20.6% from the October 31st total of 40,700 shares. Based on an average daily volume of 56,400 shares, the short-interest ratio is currently 0.6 days.
BlackRock MuniYield Quality Fund II Stock Performance
Shares of MQT traded up $0.10 on Friday, reaching $10.68. The stock had a trading volume of 23,962 shares, compared to its average volume of 50,707. BlackRock MuniYield Quality Fund II has a twelve month low of $9.74 and a twelve month high of $11.00. The firm has a 50-day moving average of $10.55 and a 200 day moving average of $10.44.
BlackRock MuniYield Quality Fund II Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date is Friday, November 15th.
Institutional Investors Weigh In On BlackRock MuniYield Quality Fund II
Large investors have recently added to or reduced their stakes in the business. Logan Stone Capital LLC grew its position in shares of BlackRock MuniYield Quality Fund II by 247.0% in the second quarter. Logan Stone Capital LLC now owns 114,817 shares of the investment management company's stock valued at $1,181,000 after purchasing an additional 81,733 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in BlackRock MuniYield Quality Fund II during the 3rd quarter valued at $5,750,000. Rothschild Investment LLC acquired a new stake in BlackRock MuniYield Quality Fund II during the 2nd quarter valued at $517,000. Ackerman Capital Advisors LLC purchased a new position in BlackRock MuniYield Quality Fund II during the second quarter worth $199,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new position in shares of BlackRock MuniYield Quality Fund II in the third quarter worth $199,000. 30.75% of the stock is owned by institutional investors and hedge funds.
BlackRock MuniYield Quality Fund II Company Profile
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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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