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

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 7,687 shares, a growth of 19.9% from the January 15th total of 6,409 shares. Based on an average daily trading volume, of 59,097 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 59,097 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Elyxium Wealth LLC bought a new stake in BlackRock MuniHoldings Quality Fund II during the 4th quarter valued at about $27,000. Advisory Services Network LLC acquired a new stake in BlackRock MuniHoldings Quality Fund II in the 3rd quarter valued at $36,000. Kestra Advisory Services LLC acquired a new stake in shares of BlackRock MuniHoldings Quality Fund II in the fourth quarter worth approximately $38,000. Allworth Financial LP acquired a new stake in shares of BlackRock MuniHoldings Quality Fund II in the second quarter valued at approximately $67,000. Finally, Wolverine Asset Management LLC grew its position in BlackRock MuniHoldings Quality Fund II by 87.2% in the second quarter. Wolverine Asset Management LLC now owns 8,268 shares of the investment management company’s stock worth $79,000 after acquiring an additional 3,851 shares during the period.

BlackRock MuniHoldings Quality Fund II Trading Down 0.7%

Shares of MUE traded down $0.07 during mid-day trading on Tuesday, reaching $10.07. The company had a trading volume of 44,662 shares, compared to its average volume of 51,330. BlackRock MuniHoldings Quality Fund II has a 1-year low of $9.26 and a 1-year high of $10.48. The company’s 50 day simple moving average is $10.04 and its 200 day simple moving average is $9.94.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 6th will be issued a dividend of $0.051 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a c) dividend on an annualized basis and a yield of 6.1%.

BlackRock MuniHoldings Quality Fund II Company Profile

BlackRock MuniHoldings Quality Fund II (NYSE:MUE) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income taxes. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including general obligation bonds, revenue bonds and insured or prerefunded issues. By focusing on quality issuers, the fund aims to balance income generation with a degree of credit preservation within the tax-free municipal bond market.

The fund’s portfolio typically comprises securities issued by state and local governments across the United States, enabling exposure to a broad range of tax-exempt muni credits.