BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Get Free Report) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 6,900 shares, a decrease of 41.5% from the December 15th total of 11,800 shares. Based on an average daily trading volume, of 69,500 shares, the short-interest ratio is currently 0.1 days.
BlackRock MuniYield Quality Fund II Stock Up 0.3 %
Shares of BlackRock MuniYield Quality Fund II stock traded up $0.03 during trading on Tuesday, reaching $9.85. The company's stock had a trading volume of 46,466 shares, compared to its average volume of 73,433. The business has a 50 day moving average price of $10.26 and a 200-day moving average price of $10.46. BlackRock MuniYield Quality Fund II has a 12-month low of $9.74 and a 12-month high of $11.00.
BlackRock MuniYield Quality Fund II Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.051 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.61 annualized dividend and a dividend yield of 6.21%.
Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II
A number of large investors have recently made changes to their positions in the stock. HF Advisory Group LLC acquired a new position in BlackRock MuniYield Quality Fund II during the third quarter worth about $109,000. HighTower Advisors LLC grew its holdings in shares of BlackRock MuniYield Quality Fund II by 20.3% in the 3rd quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company's stock worth $194,000 after acquiring an additional 3,131 shares during the period. Hennion & Walsh Asset Management Inc. purchased a new position in BlackRock MuniYield Quality Fund II in the 3rd quarter valued at approximately $199,000. Wolverine Asset Management LLC raised its holdings in BlackRock MuniYield Quality Fund II by 24.2% during the third quarter. Wolverine Asset Management LLC now owns 19,188 shares of the investment management company's stock worth $208,000 after purchasing an additional 3,734 shares during the last quarter. Finally, Horizon Kinetics Asset Management LLC boosted its position in BlackRock MuniYield Quality Fund II by 3.4% during the third quarter. Horizon Kinetics Asset Management LLC now owns 39,579 shares of the investment management company's stock worth $428,000 after purchasing an additional 1,300 shares in the last quarter. Hedge funds and other institutional investors own 30.75% of the company's stock.
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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