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

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 10,400 shares, a decline of 25.7% from the August 15th total of 14,000 shares. Based on an average trading volume of 43,800 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of BlackRock MuniYield Quality Fund II

A number of hedge funds have recently made changes to their positions in MQT. Private Advisor Group LLC bought a new stake in BlackRock MuniYield Quality Fund II in the fourth quarter worth $108,000. Fiera Capital Corp lifted its stake in BlackRock MuniYield Quality Fund II by 6.9% in the fourth quarter. Fiera Capital Corp now owns 376,683 shares of the investment management company’s stock worth $3,899,000 after purchasing an additional 24,151 shares during the last quarter. Robinson Capital Management LLC lifted its stake in BlackRock MuniYield Quality Fund II by 17.2% in the fourth quarter. Robinson Capital Management LLC now owns 515,250 shares of the investment management company’s stock worth $5,348,000 after purchasing an additional 75,579 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of BlackRock MuniYield Quality Fund II by 3.7% during the first quarter. Van ECK Associates Corp now owns 171,670 shares of the investment management company’s stock valued at $1,804,000 after acquiring an additional 6,131 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its stake in shares of BlackRock MuniYield Quality Fund II by 28.3% during the first quarter. Concurrent Investment Advisors LLC now owns 34,684 shares of the investment management company’s stock valued at $365,000 after acquiring an additional 7,647 shares during the last quarter. 30.75% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund II Stock Up 0.1 %

NYSE MQT opened at $10.89 on Friday. BlackRock MuniYield Quality Fund II has a 52-week low of $8.59 and a 52-week high of $10.95. The company has a fifty day moving average of $10.53 and a 200-day moving average of $10.30.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th will be issued a dividend of $0.049 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date of this dividend is Monday, September 16th.

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.