BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Get Free Report) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 36,300 shares, an increase of 77.1% from the February 28th total of 20,500 shares. Based on an average daily trading volume, of 67,500 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.
BlackRock MuniYield Quality Fund II Trading Down 0.3 %
BlackRock MuniYield Quality Fund II stock traded down $0.03 during trading hours on Wednesday, hitting $10.07. The stock had a trading volume of 60,215 shares, compared to its average volume of 55,999. BlackRock MuniYield Quality Fund II has a fifty-two week low of $9.74 and a fifty-two week high of $11.00. The company has a 50-day moving average of $10.19 and a two-hundred day moving average of $10.33.
BlackRock MuniYield Quality Fund II Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were paid a $0.051 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.61 dividend on an annualized basis and a yield of 6.08%.
Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II
A number of hedge funds have recently modified their holdings of the stock. Elequin Capital LP acquired a new position in BlackRock MuniYield Quality Fund II in the fourth quarter valued at about $39,000. Nomura Holdings Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund II during the 4th quarter valued at $203,000. Nuveen Asset Management LLC boosted its holdings in BlackRock MuniYield Quality Fund II by 43.3% during the fourth quarter. Nuveen Asset Management LLC now owns 48,173 shares of the investment management company's stock worth $475,000 after buying an additional 14,563 shares during the last quarter. Citadel Advisors LLC acquired a new position in BlackRock MuniYield Quality Fund II during the fourth quarter valued at approximately $120,000. Finally, Ameriprise Financial Inc. lifted its holdings in BlackRock MuniYield Quality Fund II by 9.4% during the fourth quarter. Ameriprise Financial Inc. now owns 34,750 shares of the investment management company's stock worth $343,000 after acquiring an additional 3,000 shares in the last quarter. 30.75% of the stock is owned by institutional investors and hedge funds.
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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