BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Short Interest Up 98.8% in September

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 197,800 shares, an increase of 98.8% from the August 31st total of 99,500 shares. Based on an average daily trading volume, of 158,700 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 158,700 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. NBC Securities Inc. grew its holdings in BlackRock MuniYield Quality Fund by 106,366.7% during the first quarter. NBC Securities Inc. now owns 3,194 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 3,191 shares during the period. Bfsg LLC bought a new position in shares of BlackRock MuniYield Quality Fund during the first quarter worth $67,000. Chung Wu Investment Group LLC acquired a new position in shares of BlackRock MuniYield Quality Fund in the 2nd quarter valued at $78,000. Anchor Investment Management LLC grew its holdings in shares of BlackRock MuniYield Quality Fund by 19.2% in the 2nd quarter. Anchor Investment Management LLC now owns 7,131 shares of the financial services provider’s stock valued at $79,000 after buying an additional 1,150 shares during the period. Finally, Nomura Holdings Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund in the 2nd quarter valued at $111,000. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

Shares of BlackRock MuniYield Quality Fund stock opened at $11.54 on Friday. BlackRock MuniYield Quality Fund has a 1 year low of $10.52 and a 1 year high of $13.22. The company’s fifty day simple moving average is $11.28 and its 200-day simple moving average is $11.17.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be paid a $0.058 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc is a close 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 in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.