BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Update

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQTGet Free Report) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 12,339 shares, a decrease of 47.5% from the January 15th total of 23,524 shares. Based on an average daily trading volume, of 63,145 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 63,145 shares, the short-interest ratio is currently 0.2 days.

BlackRock MuniYield Quality Fund II Stock Up 0.3%

MQT stock traded up $0.03 during trading on Thursday, reaching $10.25. 27,094 shares of the stock were exchanged, compared to its average volume of 51,993. BlackRock MuniYield Quality Fund II has a twelve month low of $9.05 and a twelve month high of $10.40. The stock has a 50 day simple moving average of $10.08 and a 200-day simple moving average of $9.96.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 6th will be paid a $0.051 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, February 6th.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Hedge funds have recently made changes to their positions in the business. Whipplewood Advisors LLC boosted its position in shares of BlackRock MuniYield Quality Fund II by 3.4% during the 3rd quarter. Whipplewood Advisors LLC now owns 35,014 shares of the investment management company’s stock valued at $351,000 after acquiring an additional 1,147 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in BlackRock MuniYield Quality Fund II by 4.9% during the third quarter. Ameriprise Financial Inc. now owns 33,825 shares of the investment management company’s stock worth $339,000 after purchasing an additional 1,575 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in BlackRock MuniYield Quality Fund II by 21.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 9,054 shares of the investment management company’s stock valued at $91,000 after purchasing an additional 1,603 shares in the last quarter. NewEdge Advisors LLC grew its position in BlackRock MuniYield Quality Fund II by 8.6% in the first quarter. NewEdge Advisors LLC now owns 25,236 shares of the investment management company’s stock valued at $252,000 after acquiring an additional 2,000 shares during the period. Finally, HighTower Advisors LLC raised its stake in BlackRock MuniYield Quality Fund II by 14.3% during the fourth quarter. HighTower Advisors LLC now owns 20,319 shares of the investment management company’s stock worth $204,000 after acquiring an additional 2,538 shares in the last quarter. Institutional investors and hedge funds own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Company Profile

(Get Free Report)

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.

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