BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Up 23.5% in February

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 20,500 shares, an increase of 23.5% from the February 13th total of 16,600 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 68,900 shares, the days-to-cover ratio is presently 0.3 days.

BlackRock MuniYield Quality Fund II Trading Down 0.4 %

MQT opened at $9.99 on Thursday. The business’s fifty day moving average is $10.17 and its two-hundred day moving average is $10.37. BlackRock MuniYield Quality Fund II has a one year low of $9.74 and a one year high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.051 per share. The ex-dividend date is Friday, March 14th. This represents a $0.61 dividend on an annualized basis and a yield of 6.13%.

Institutional Trading of BlackRock MuniYield Quality Fund II

Institutional investors have recently bought and sold shares of the company. Elequin Capital LP purchased a new stake in shares of BlackRock MuniYield Quality Fund II in the fourth quarter valued at $39,000. Citadel Advisors LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund II in the fourth quarter valued at $120,000. Noble Wealth Management PBC purchased a new stake in shares of BlackRock MuniYield Quality Fund II in the fourth quarter valued at $171,000. Virtu Financial LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund II in the fourth quarter valued at $182,000. Finally, HighTower Advisors LLC lifted its position in shares of BlackRock MuniYield Quality Fund II by 20.3% in the third quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock valued at $194,000 after acquiring an additional 3,131 shares in the last quarter. 30.75% of the stock is currently owned by hedge funds and other institutional investors.

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.