BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Sees Significant Decrease in Short Interest

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 6,800 shares, a decline of 91.3% from the December 31st total of 78,000 shares. Based on an average daily volume of 241,000 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in BlackRock MuniYield Quality Fund in the fourth quarter worth approximately $29,000. Larson Financial Group LLC raised its stake in shares of BlackRock MuniYield Quality Fund by 226.3% in the 3rd quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider's stock worth $120,000 after buying an additional 6,335 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at $132,000. Simon Quick Advisors LLC boosted its stake in BlackRock MuniYield Quality Fund by 7.7% during the fourth quarter. Simon Quick Advisors LLC now owns 15,195 shares of the financial services provider's stock valued at $175,000 after buying an additional 1,088 shares in the last quarter. Finally, Stifel Financial Corp bought a new position in BlackRock MuniYield Quality Fund during the third quarter valued at about $187,000. Institutional investors own 25.51% of the company's stock.

BlackRock MuniYield Quality Fund Stock Performance

Shares of BlackRock MuniYield Quality Fund stock remained flat at $11.88 during trading hours on Friday. 210,237 shares of the stock were exchanged, compared to its average volume of 201,309. BlackRock MuniYield Quality Fund has a one year low of $11.43 and a one year high of $13.29. The business's 50 day moving average price is $12.04 and its 200 day moving average price is $12.44.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a $0.058 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.86%.

BlackRock MuniYield Quality Fund Company Profile

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.