Short Interest in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Drops By 64.8%

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUEGet Rating) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 13,100 shares, a decline of 64.8% from the April 15th total of 37,200 shares. Based on an average trading volume of 63,800 shares, the days-to-cover ratio is presently 0.2 days.

A number of large investors have recently added to or reduced their stakes in the business. Ahrens Investment Partners LLC bought a new position in shares of BlackRock MuniHoldings Quality Fund II during the 4th quarter valued at approximately $70,000. Rockefeller Capital Management L.P. increased its position in shares of BlackRock MuniHoldings Quality Fund II by 64.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 6,114 shares of the investment management company’s stock valued at $84,000 after purchasing an additional 2,403 shares during the last quarter. AlphaCentric Advisors LLC bought a new position in shares of BlackRock MuniHoldings Quality Fund II during the 4th quarter valued at approximately $88,000. Advisor Group Holdings Inc. increased its position in shares of BlackRock MuniHoldings Quality Fund II by 26.9% during the 1st quarter. Advisor Group Holdings Inc. now owns 15,327 shares of the investment management company’s stock valued at $185,000 after purchasing an additional 3,248 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of BlackRock MuniHoldings Quality Fund II by 10.4% during the 3rd quarter. LPL Financial LLC now owns 14,020 shares of the investment management company’s stock valued at $193,000 after purchasing an additional 1,319 shares during the last quarter.

NYSE:MUE traded down $0.04 during trading hours on Thursday, reaching $11.03. The stock had a trading volume of 47,710 shares, compared to its average volume of 59,572. BlackRock MuniHoldings Quality Fund II has a 52 week low of $10.74 and a 52 week high of $15.69. The company has a 50 day moving average price of $11.61 and a two-hundred day moving average price of $12.74.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, June 1st. Shareholders of record on Monday, May 16th will be paid a $0.0525 dividend. This represents a $0.63 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date is Friday, May 13th.

BlackRock MuniHoldings Quality Fund II Company Profile (Get Rating)

BlackRock MuniHoldings 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 of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.

Featured Stories

Receive News & Ratings for BlackRock MuniHoldings Quality Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniHoldings Quality Fund II and related companies with MarketBeat.com's FREE daily email newsletter.