BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Short Interest Down 72.8% in February

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 26,000 shares, a drop of 72.8% from the January 31st total of 95,500 shares. Based on an average trading volume of 251,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund

Several institutional investors have recently made changes to their positions in MQY. Guggenheim Capital LLC lifted its holdings in BlackRock MuniYield Quality Fund by 0.5% during the 4th quarter. Guggenheim Capital LLC now owns 1,324,859 shares of the financial services provider’s stock valued at $15,262,000 after buying an additional 6,092 shares in the last quarter. Cornerstone Advisory LLC lifted its holdings in BlackRock MuniYield Quality Fund by 17.1% during the 4th quarter. Cornerstone Advisory LLC now owns 1,007,724 shares of the financial services provider’s stock valued at $12,012,000 after buying an additional 147,141 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in BlackRock MuniYield Quality Fund by 35.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock valued at $10,769,000 after buying an additional 242,500 shares in the last quarter. Van ECK Associates Corp lifted its holdings in BlackRock MuniYield Quality Fund by 6.1% during the 4th quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock valued at $4,954,000 after buying an additional 24,874 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at about $2,558,000. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

Shares of BlackRock MuniYield Quality Fund stock traded up $0.09 during trading on Friday, hitting $12.08. The stock had a trading volume of 107,343 shares, compared to its average volume of 197,555. The firm’s fifty day simple moving average is $11.80 and its 200-day simple moving average is $12.38. BlackRock MuniYield Quality Fund has a 12 month low of $11.43 and a 12 month high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.058 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 5.76%.

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.