BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Down 57.1% in February

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 16,600 shares, a decrease of 57.1% from the January 31st total of 38,700 shares. Based on an average daily volume of 72,100 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund II

A number of institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of BlackRock MuniYield Quality Fund II in the fourth quarter worth about $4,934,000. StoneX Group Inc. acquired a new position in BlackRock MuniYield Quality Fund II during the fourth quarter valued at approximately $1,279,000. Guggenheim Capital LLC lifted its holdings in BlackRock MuniYield Quality Fund II by 32.5% during the fourth quarter. Guggenheim Capital LLC now owns 499,159 shares of the investment management company’s stock worth $4,922,000 after acquiring an additional 122,442 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund II during the 3rd quarter valued at about $5,750,000. Finally, Whipplewood Advisors LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II during the fourth quarter worth $332,000. 30.75% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund II Price Performance

Shares of MQT stock opened at $10.36 on Friday. The stock’s 50 day simple moving average is $10.11 and its 200 day simple moving average is $10.41. BlackRock MuniYield Quality Fund II has a twelve month low of $9.74 and a twelve month high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.051 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.91%.

BlackRock MuniYield Quality Fund II Company Profile

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.