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

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQTGet Rating) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totalling 10,300 shares, an increase of 45.1% from the April 15th total of 7,100 shares. Based on an average daily trading volume, of 72,700 shares, the short-interest ratio is presently 0.1 days.

Shares of NYSE MQT traded down $0.27 during trading on Friday, reaching $11.17. 54,003 shares of the stock were exchanged, compared to its average volume of 111,594. The business’s 50-day moving average price is $11.71 and its 200 day moving average price is $13.08. BlackRock MuniYield Quality Fund II has a twelve month low of $10.97 and a twelve month high of $15.17.

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 issued a $0.054 dividend. The ex-dividend date is Friday, May 13th. This represents a $0.65 dividend on an annualized basis and a yield of 5.80%.

Institutional investors have recently made changes to their positions in the company. Prospera Financial Services Inc acquired a new stake in shares of BlackRock MuniYield Quality Fund II during the first quarter valued at about $37,000. Steward Partners Investment Advisory LLC grew its stake in shares of BlackRock MuniYield Quality Fund II by 67.8% during the first quarter. Steward Partners Investment Advisory LLC now owns 4,541 shares of the investment management company’s stock valued at $55,000 after acquiring an additional 1,835 shares in the last quarter. Worth Asset Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund II during the first quarter valued at about $113,000. LexAurum Advisors LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund II during the first quarter valued at about $133,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of BlackRock MuniYield Quality Fund II during the first quarter valued at about $142,000. Institutional investors own 21.66% of the company’s stock.

About BlackRock MuniYield Quality Fund II (Get Rating)

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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