BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 20,500 shares, a growth of 23.5% from the February 13th total of 16,600 shares. Currently, 0.1% of the company's shares are sold short. Based on an average trading volume of 68,900 shares, the days-to-cover ratio is presently 0.3 days.
BlackRock MuniYield Quality Fund II Stock Performance
Shares of NYSE:MQT traded up $0.08 during midday trading on Friday, hitting $10.18. 65,827 shares of the stock traded hands, compared to its average volume of 55,852. BlackRock MuniYield Quality Fund II has a one year low of $9.74 and a one year high of $11.00. The business's 50 day moving average is $10.17 and its two-hundred day moving average is $10.37.
BlackRock MuniYield Quality Fund II Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 6.01%. The ex-dividend date is Friday, March 14th.
Institutional Trading of BlackRock MuniYield Quality Fund II
Institutional investors and hedge funds have recently bought and sold shares of the company. Rivernorth Capital Management LLC increased its position in shares of BlackRock MuniYield Quality Fund II by 0.9% during the third quarter. Rivernorth Capital Management LLC now owns 1,251,418 shares of the investment management company's stock valued at $13,540,000 after acquiring an additional 11,450 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund II in the 4th quarter worth $4,934,000. Guggenheim Capital LLC raised its stake in shares of BlackRock MuniYield Quality Fund II by 32.5% in the fourth quarter. Guggenheim Capital LLC now owns 499,159 shares of the investment management company's stock worth $4,922,000 after purchasing an additional 122,442 shares during the last quarter. Sit Investment Associates Inc. lifted its holdings in shares of BlackRock MuniYield Quality Fund II by 3.7% during the fourth quarter. Sit Investment Associates Inc. now owns 283,593 shares of the investment management company's stock valued at $2,796,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of BlackRock MuniYield Quality Fund II by 15.0% during the fourth quarter. Van ECK Associates Corp now owns 184,843 shares of the investment management company's stock valued at $1,823,000 after buying an additional 24,136 shares during the last quarter. 30.75% of the stock is currently owned by institutional investors.
BlackRock MuniYield Quality Fund II Company Profile
(
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.
Featured Articles
Before you consider BlackRock MuniYield Quality Fund II, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniYield Quality Fund II wasn't on the list.
While BlackRock MuniYield Quality Fund II currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.