BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Update

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

BlackRock MuniYield Quality Fund II Stock Performance

BlackRock MuniYield Quality Fund II stock traded up $0.03 during mid-day trading on Friday, hitting $10.00. The company’s stock had a trading volume of 79,460 shares, compared to its average volume of 55,963. The company has a 50 day moving average of $10.19 and a 200-day moving average of $10.35. BlackRock MuniYield Quality Fund II has a one year low of $9.74 and a one year high of $11.00.

BlackRock MuniYield Quality Fund II Announces Dividend

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

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Large investors have recently bought and sold shares of the business. HighTower Advisors LLC boosted its holdings in BlackRock MuniYield Quality Fund II by 20.3% in the third quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after acquiring an additional 3,131 shares in the last quarter. Rivernorth Capital Management LLC grew its position in 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 valued at $13,540,000 after buying an additional 11,450 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in shares of BlackRock MuniYield Quality Fund II by 80.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 33,213 shares of the investment management company’s stock valued at $327,000 after purchasing an additional 14,813 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of BlackRock MuniYield Quality Fund II by 15.0% during the 4th quarter. Van ECK Associates Corp now owns 184,843 shares of the investment management company’s stock worth $1,823,000 after buying an additional 24,136 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its holdings in BlackRock MuniYield Quality Fund II by 6.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 43,012 shares of the investment management company’s stock worth $424,000 after buying an additional 2,610 shares during the last quarter. Institutional investors own 30.75% of the company’s stock.

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.