BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Down 43.5% in January

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQTGet Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 12,600 shares, a decline of 43.5% from the January 15th total of 22,300 shares. Based on an average daily volume of 71,800 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund II

Large investors have recently modified their holdings of the stock. Rivernorth Capital Management LLC grew its stake in shares of BlackRock MuniYield Quality Fund II by 108.0% during the second quarter. Rivernorth Capital Management LLC now owns 678,316 shares of the investment management company’s stock valued at $6,824,000 after acquiring an additional 352,190 shares in the last quarter. Robinson Capital Management LLC boosted its position in BlackRock MuniYield Quality Fund II by 17.2% during the 4th quarter. Robinson Capital Management LLC now owns 515,250 shares of the investment management company’s stock worth $5,348,000 after acquiring an additional 75,579 shares during the period. Fiera Capital Corp boosted its position in BlackRock MuniYield Quality Fund II by 6.9% during the 4th quarter. Fiera Capital Corp now owns 376,683 shares of the investment management company’s stock worth $3,899,000 after acquiring an additional 24,151 shares during the period. Guggenheim Capital LLC lifted its position in BlackRock MuniYield Quality Fund II by 13.3% in the first quarter. Guggenheim Capital LLC now owns 369,483 shares of the investment management company’s stock worth $4,489,000 after purchasing an additional 43,509 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in BlackRock MuniYield Quality Fund II by 17.9% during the third quarter. Advisors Asset Management Inc. now owns 304,020 shares of the investment management company’s stock valued at $2,733,000 after purchasing an additional 46,124 shares during the last quarter. Institutional investors and hedge funds own 26.79% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of NYSE MQT traded up $0.07 during trading on Monday, reaching $10.46. The company had a trading volume of 89,203 shares, compared to its average volume of 62,176. BlackRock MuniYield Quality Fund II has a twelve month low of $8.59 and a twelve month high of $11.00. The stock has a 50-day moving average price of $10.30 and a two-hundred day moving average price of $9.75.

BlackRock MuniYield Quality Fund II Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were given a dividend of $0.049 per share. This represents a yield of 5.78%. The ex-dividend date was Thursday, December 14th.

About BlackRock MuniYield Quality Fund II

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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.

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