BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Short Interest Update

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 45,800 shares, a growth of 25.5% from the May 15th total of 36,500 shares. Based on an average daily volume of 71,700 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On BlackRock MuniHoldings Quality Fund II

A number of large investors have recently bought and sold shares of MUE. Nuveen Asset Management LLC grew its holdings in shares of BlackRock MuniHoldings Quality Fund II by 25.6% during the fourth quarter. Nuveen Asset Management LLC now owns 14,918 shares of the investment management company’s stock valued at $149,000 after buying an additional 3,045 shares during the last quarter. LPL Financial LLC grew its holdings in shares of BlackRock MuniHoldings Quality Fund II by 69.0% during the fourth quarter. LPL Financial LLC now owns 114,271 shares of the investment management company’s stock valued at $1,143,000 after buying an additional 46,663 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of BlackRock MuniHoldings Quality Fund II by 317.9% during the fourth quarter. Farther Finance Advisors LLC now owns 5,215 shares of the investment management company’s stock valued at $52,000 after buying an additional 3,967 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of BlackRock MuniHoldings Quality Fund II during the fourth quarter valued at about $1,181,000. Finally, Invesco Ltd. grew its holdings in shares of BlackRock MuniHoldings Quality Fund II by 86.7% during the fourth quarter. Invesco Ltd. now owns 126,793 shares of the investment management company’s stock valued at $1,268,000 after buying an additional 58,864 shares during the last quarter.

BlackRock MuniHoldings Quality Fund II Stock Performance

NYSE:MUE opened at $9.48 on Friday. The firm has a fifty day simple moving average of $9.59 and a two-hundred day simple moving average of $10.00. BlackRock MuniHoldings Quality Fund II has a 12 month low of $9.26 and a 12 month high of $10.95.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date is Friday, June 13th.

About BlackRock MuniHoldings Quality Fund II

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.