BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Down 75.1% in December

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 11,800 shares, a drop of 75.1% from the November 30th total of 47,300 shares. Based on an average daily volume of 62,400 shares, the short-interest ratio is currently 0.2 days.

BlackRock MuniYield Quality Fund II Price Performance

NYSE:MQT traded down $0.05 on Friday, reaching $9.89. 87,950 shares of the company’s stock traded hands, compared to its average volume of 52,387. The stock has a 50-day simple moving average of $10.38 and a 200-day simple moving average of $10.48. 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 Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a yield of 6.19%. The ex-dividend date of this dividend is Monday, December 16th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Logan Stone Capital LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund II by 247.0% during the 2nd quarter. Logan Stone Capital LLC now owns 114,817 shares of the investment management company’s stock valued at $1,181,000 after purchasing an additional 81,733 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund II in the third quarter worth about $5,750,000. Rothschild Investment LLC bought a new position in BlackRock MuniYield Quality Fund II during the second quarter valued at approximately $517,000. Hennion & Walsh Asset Management Inc. bought a new position in BlackRock MuniYield Quality Fund II during the third quarter valued at approximately $199,000. Finally, Wolverine Asset Management LLC purchased a new position in BlackRock MuniYield Quality Fund II during the 2nd quarter valued at approximately $159,000. 30.75% of the stock is owned by hedge funds and other institutional investors.

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.