BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Up 77.1% in March

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 36,300 shares, a growth of 77.1% from the February 28th total of 20,500 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 67,500 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Several institutional investors have recently modified their holdings of MQT. Raymond James Financial Inc. bought a new position in BlackRock MuniYield Quality Fund II during the fourth quarter valued at approximately $4,934,000. StoneX Group Inc. purchased a new position in BlackRock MuniYield Quality Fund II in the 4th quarter worth $1,279,000. Guggenheim Capital LLC raised its position in BlackRock MuniYield Quality Fund II by 32.5% in the 4th quarter. Guggenheim Capital LLC now owns 499,159 shares of the investment management company’s stock worth $4,922,000 after purchasing an additional 122,442 shares during the period. Whipplewood Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund II in the fourth quarter worth $332,000. Finally, Ackerman Capital Advisors LLC purchased a new stake in BlackRock MuniYield Quality Fund II during the fourth quarter valued at about $263,000. 30.75% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund II Trading Up 0.3 %

Shares of NYSE:MQT opened at $10.00 on Monday. BlackRock MuniYield Quality Fund II has a 52-week low of $9.74 and a 52-week high of $11.00. The firm has a fifty day moving average of $10.19 and a 200 day moving average of $10.34.

BlackRock MuniYield Quality Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.12%. The ex-dividend date is Friday, March 14th.

About BlackRock MuniYield Quality Fund II

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.