BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Short Interest Up 110.8% in March

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 124,800 shares, a growth of 110.8% from the March 15th total of 59,200 shares. Based on an average daily volume of 189,100 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Guggenheim Capital LLC lifted its position in shares of BlackRock MuniYield Quality Fund by 0.5% in the 4th quarter. Guggenheim Capital LLC now owns 1,324,859 shares of the financial services provider’s stock worth $15,262,000 after buying an additional 6,092 shares during the last quarter. Cornerstone Advisory LLC lifted its holdings in BlackRock MuniYield Quality Fund by 17.1% in the fourth quarter. Cornerstone Advisory LLC now owns 1,007,724 shares of the financial services provider’s stock worth $12,012,000 after acquiring an additional 147,141 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in BlackRock MuniYield Quality Fund by 35.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock valued at $10,769,000 after acquiring an additional 242,500 shares during the period. Van ECK Associates Corp boosted its stake in BlackRock MuniYield Quality Fund by 6.1% in the fourth quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock valued at $4,954,000 after acquiring an additional 24,874 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter worth approximately $2,558,000. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Trading Down 0.3 %

Shares of MQY traded down $0.03 during midday trading on Wednesday, reaching $10.89. 130,027 shares of the company were exchanged, compared to its average volume of 177,139. BlackRock MuniYield Quality Fund has a 1-year low of $10.52 and a 1-year high of $13.29. The stock has a 50-day moving average price of $11.68 and a 200-day moving average price of $12.10.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a $0.058 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 6.39%.

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.