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 target of a large decline in short interest in February. As of February 15th, there was short interest totalling 16,600 shares, a decline of 57.1% from the January 31st total of 38,700 shares. Based on an average trading volume of 72,100 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC grew its position in shares of BlackRock MuniYield Quality Fund II by 0.9% during the third quarter. Rivernorth Capital Management LLC now owns 1,251,418 shares of the investment management company’s stock worth $13,540,000 after buying an additional 11,450 shares in the last quarter. Raymond James Financial Inc. bought a new position in BlackRock MuniYield Quality Fund II during the 4th quarter valued at $4,934,000. Guggenheim Capital LLC grew its holdings in BlackRock MuniYield Quality Fund II by 32.5% during the 4th 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. Sit Investment Associates Inc. increased its position in shares of BlackRock MuniYield Quality Fund II by 3.7% in the 4th quarter. Sit Investment Associates Inc. now owns 283,593 shares of the investment management company’s stock worth $2,796,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in shares of BlackRock MuniYield Quality Fund II by 15.0% during the fourth quarter. Van ECK Associates Corp now owns 184,843 shares of the investment management company’s stock worth $1,823,000 after purchasing an additional 24,136 shares during the last quarter. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Trading Up 0.4 %

Shares of MQT traded up $0.05 during mid-day trading on Friday, reaching $10.36. 33,930 shares of the stock traded hands, compared to its average volume of 65,780. The stock has a fifty day simple moving average of $10.11 and a 200 day simple moving average of $10.41. 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 Dividend Announcement

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

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.