Short Interest in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Expands By 150.0%

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 3,500 shares, a growth of 150.0% from the March 31st total of 1,400 shares. Based on an average daily trading volume, of 44,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of BlackRock MuniYield Quality Fund II

Several hedge funds have recently bought and sold shares of the stock. Goodwin Daniel L boosted its stake in BlackRock MuniYield Quality Fund II by 9.6% in the 3rd quarter. Goodwin Daniel L now owns 28,500 shares of the investment management company’s stock worth $256,000 after purchasing an additional 2,500 shares during the period. UBS Group AG grew its position in shares of BlackRock MuniYield Quality Fund II by 1.3% during the third quarter. UBS Group AG now owns 261,338 shares of the investment management company’s stock valued at $2,349,000 after purchasing an additional 3,233 shares in the last quarter. Fiera Capital Corp increased its holdings in shares of BlackRock MuniYield Quality Fund II by 2.1% in the third quarter. Fiera Capital Corp now owns 352,532 shares of the investment management company’s stock worth $3,169,000 after purchasing an additional 7,396 shares during the last quarter. Private Advisor Group LLC bought a new stake in BlackRock MuniYield Quality Fund II in the 4th quarter worth approximately $108,000. Finally, Scissortail Wealth Management LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund II during the 4th quarter worth approximately $140,000. Institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of MQT traded up $0.03 on Friday, reaching $9.80. The company’s stock had a trading volume of 61,176 shares, compared to its average volume of 48,784. BlackRock MuniYield Quality Fund II has a 12-month low of $8.59 and a 12-month high of $10.67. The stock’s 50 day simple moving average is $10.28 and its two-hundred day simple moving average is $10.01.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a dividend of $0.049 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.59 annualized dividend and a yield of 6.00%.

About BlackRock MuniYield Quality Fund II

BlackRock MuniYield 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. It primarily invests in municipal debt bonds exempt from federal income taxes. BlackRock MuniYield Quality Fund II, Inc was formed in September 21, 1992 and is domiciled in United States.