BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Sees Large Increase in Short Interest

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 25,746 shares, a growth of 75.4% from the December 15th total of 14,675 shares. Based on an average daily volume of 87,480 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 87,480 shares, the short-interest ratio is currently 0.3 days.

BlackRock MuniYield Quality Fund II Trading Up 0.2%

NYSE MQT traded up $0.02 on Thursday, reaching $10.21. The company had a trading volume of 26,099 shares, compared to its average volume of 43,100. BlackRock MuniYield Quality Fund II has a 52 week low of $9.05 and a 52 week high of $10.40. The stock’s 50 day moving average is $10.02 and its 200-day moving average is $9.87.

BlackRock MuniYield Quality Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 6th will be issued a dividend of $0.051 per share. The ex-dividend date is Friday, February 6th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Hedge funds and other institutional investors have recently made changes to their positions in the company. Dakota Wealth Management acquired a new position in shares of BlackRock MuniYield Quality Fund II in the 4th quarter valued at $113,000. Canal Capital Management LLC lifted its holdings in BlackRock MuniYield Quality Fund II by 50.1% during the fourth quarter. Canal Capital Management LLC now owns 22,297 shares of the investment management company’s stock worth $224,000 after acquiring an additional 7,442 shares in the last quarter. Ameriprise Financial Inc. grew its stake in BlackRock MuniYield Quality Fund II by 4.9% in the third quarter. Ameriprise Financial Inc. now owns 33,825 shares of the investment management company’s stock valued at $339,000 after acquiring an additional 1,575 shares during the period. Raymond James Financial Inc. increased its holdings in shares of BlackRock MuniYield Quality Fund II by 10.1% in the third quarter. Raymond James Financial Inc. now owns 674,204 shares of the investment management company’s stock worth $6,762,000 after acquiring an additional 61,600 shares in the last quarter. Finally, Pathstone Holdings LLC raised its position in shares of BlackRock MuniYield Quality Fund II by 9.8% during the third quarter. Pathstone Holdings LLC now owns 279,215 shares of the investment management company’s stock worth $2,801,000 after purchasing an additional 24,991 shares during the period. 30.75% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund II Company Profile

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.