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

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

Institutional Trading of BlackRock MuniYield Quality Fund II

Hedge funds and other institutional investors have recently made changes to their positions in the company. Elequin Capital LP acquired a new position in BlackRock MuniYield Quality Fund II during the 4th quarter worth approximately $39,000. HF Advisory Group LLC acquired a new position in BlackRock MuniYield Quality Fund II during the 3rd quarter worth approximately $109,000. Citadel Advisors LLC acquired a new position in BlackRock MuniYield Quality Fund II during the 4th quarter worth approximately $120,000. Noble Wealth Management PBC purchased a new stake in BlackRock MuniYield Quality Fund II during the 4th quarter worth about $171,000. Finally, Virtu Financial LLC acquired a new position in BlackRock MuniYield Quality Fund II in the 4th quarter valued at about $182,000. Institutional investors and hedge funds own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Performance

NYSE:MQT remained flat at $10.37 during midday trading on Monday. The company had a trading volume of 26,026 shares, compared to its average volume of 64,756. The business’s 50-day simple moving average is $10.11 and its two-hundred day simple moving average is $10.40. BlackRock MuniYield Quality Fund II has a 52-week low of $9.74 and a 52-week high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 5.90%. The ex-dividend date is Friday, February 14th.

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.