BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Down 54.5% in October

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 14,000 shares, a decline of 54.5% from the September 30th total of 30,800 shares. Based on an average daily volume of 50,900 shares, the days-to-cover ratio is currently 0.3 days.

BlackRock MuniYield Quality Fund II Price Performance

BlackRock MuniYield Quality Fund II stock traded up $0.10 during trading hours on Friday, hitting $10.43. The stock had a trading volume of 39,678 shares, compared to its average volume of 49,326. The business’s 50 day simple moving average is $10.68 and its 200-day simple moving average is $10.36. BlackRock MuniYield Quality Fund II has a one year low of $8.59 and a one year high of $11.00.

BlackRock MuniYield Quality Fund II Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a $0.051 dividend. This is a boost from BlackRock MuniYield Quality Fund II’s previous monthly dividend of $0.05. The ex-dividend date is Tuesday, October 15th. This represents a $0.61 annualized dividend and a dividend yield of 5.87%.

Institutional Trading of BlackRock MuniYield Quality Fund II

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter valued at about $159,000. Hennion & Walsh Asset Management Inc. acquired a new stake in BlackRock MuniYield Quality Fund II during the 3rd quarter valued at approximately $199,000. Ackerman Capital Advisors LLC bought a new position in BlackRock MuniYield Quality Fund II during the 2nd quarter worth approximately $199,000. Concurrent Investment Advisors LLC raised its holdings in BlackRock MuniYield Quality Fund II by 28.3% during the 1st quarter. Concurrent Investment Advisors LLC now owns 34,684 shares of the investment management company’s stock worth $365,000 after purchasing an additional 7,647 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new position in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter worth approximately $517,000. 30.75% of the stock is currently owned by institutional investors and hedge funds.

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.