BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Short Interest Down 27.0% in July

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 60,200 shares, adropof27.0% from the July 15th total of 82,500 shares. Based on an average trading volume of 165,700 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 165,700 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund III

Large investors have recently added to or reduced their stakes in the business. American National Bank & Trust bought a new stake in BlackRock MuniYield Quality Fund III during the first quarter valued at $38,000. Wolverine Asset Management LLC bought a new stake in BlackRock MuniYield Quality Fund III during the first quarter valued at $40,000. Traub Capital Management LLC bought a new stake in BlackRock MuniYield Quality Fund III during the second quarter valued at $43,000. Geneos Wealth Management Inc. boosted its stake in BlackRock MuniYield Quality Fund III by 803.9% during the first quarter. Geneos Wealth Management Inc. now owns 5,053 shares of the investment management company’s stock valued at $56,000 after buying an additional 4,494 shares during the period. Finally, Chung Wu Investment Group LLC bought a new stake in BlackRock MuniYield Quality Fund III during the second quarter valued at $63,000. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Up 1.2%

BlackRock MuniYield Quality Fund III stock opened at $10.49 on Friday. BlackRock MuniYield Quality Fund III has a one year low of $9.98 and a one year high of $12.07. The business has a fifty day moving average price of $10.43 and a 200-day moving average price of $10.64.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a $0.0555 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, August 15th.

About BlackRock MuniYield Quality Fund III

BlackRock MuniYield Quality Fund III, 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 invests primarily in a portfolio of long-term investment-grade municipal obligations exempt from federal income taxes.