BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Get Free Report) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 40,700 shares, an increase of 190.7% from the October 15th total of 14,000 shares. Based on an average trading volume of 52,100 shares, the short-interest ratio is currently 0.8 days.
Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II
Several institutional investors and hedge funds have recently modified their holdings of MQT. Logan Stone Capital LLC grew its holdings in shares of BlackRock MuniYield Quality Fund II by 247.0% during the 2nd quarter. Logan Stone Capital LLC now owns 114,817 shares of the investment management company's stock valued at $1,181,000 after acquiring an additional 81,733 shares in the last quarter. International Assets Investment Management LLC bought a new stake in BlackRock MuniYield Quality Fund II in the third quarter worth $5,750,000. Rothschild Investment LLC bought a new stake in BlackRock MuniYield Quality Fund II in the second quarter worth $517,000. Ackerman Capital Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund II in the second quarter worth $199,000. Finally, Hennion & Walsh Asset Management Inc. bought a new stake in BlackRock MuniYield Quality Fund II in the third quarter worth $199,000. 30.75% of the stock is currently owned by hedge funds and other institutional investors.
BlackRock MuniYield Quality Fund II Trading Up 0.2 %
Shares of BlackRock MuniYield Quality Fund II stock traded up $0.02 on Wednesday, hitting $10.43. 90,155 shares of the company traded hands, compared to its average volume of 50,188. The company has a 50-day moving average price of $10.64 and a 200 day moving average price of $10.40. BlackRock MuniYield Quality Fund II has a 12-month low of $9.36 and a 12-month high of $11.00.
BlackRock MuniYield Quality Fund II Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 5.87%. The ex-dividend date is Friday, November 15th.
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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