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

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 124,800 shares, an increase of 110.8% from the March 15th total of 59,200 shares. Based on an average daily volume of 189,100 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the company's stock are sold short.

BlackRock MuniYield Quality Fund Trading Down 0.3 %

Shares of NYSE MQY traded down $0.03 during trading hours on Friday, hitting $10.89. The stock had a trading volume of 131,064 shares, compared to its average volume of 177,901. The firm's 50-day moving average price is $11.62 and its two-hundred day moving average price is $12.06. BlackRock MuniYield Quality Fund has a 52 week low of $10.52 and a 52 week high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.058 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 6.39%.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund

Hedge funds have recently bought and sold shares of the business. Guggenheim Capital LLC boosted its stake in shares of BlackRock MuniYield Quality Fund by 0.5% during the 4th quarter. Guggenheim Capital LLC now owns 1,324,859 shares of the financial services provider's stock worth $15,262,000 after acquiring an additional 6,092 shares in the last quarter. Cornerstone Advisory LLC grew its stake in BlackRock MuniYield Quality Fund by 17.1% in the 4th quarter. Cornerstone Advisory LLC now owns 1,007,724 shares of the financial services provider's stock valued at $12,012,000 after buying an additional 147,141 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in BlackRock MuniYield Quality Fund by 35.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider's stock worth $10,769,000 after acquiring an additional 242,500 shares during the period. Van ECK Associates Corp boosted its holdings in BlackRock MuniYield Quality Fund by 6.1% during the fourth quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider's stock valued at $4,954,000 after acquiring an additional 24,874 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at about $2,558,000. 25.51% of the stock is owned by institutional investors and hedge funds.

About BlackRock MuniYield Quality Fund

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.