BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Short Interest Down 41.5% in April

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 11,300 shares, a decrease of 41.5% from the March 31st total of 19,300 shares. Based on an average trading volume of 55,600 shares, the days-to-cover ratio is presently 0.2 days.

BlackRock MuniHoldings Quality Fund II Trading Up 0.2 %

Shares of NYSE MUE traded up $0.02 during mid-day trading on Friday, reaching $9.76. The company had a trading volume of 4,510 shares, compared to its average volume of 55,481. BlackRock MuniHoldings Quality Fund II has a twelve month low of $8.53 and a twelve month high of $10.23. The stock’s 50 day moving average is $9.99 and its 200-day moving average is $9.75.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 5.53%. The ex-dividend date of this dividend is Friday, April 12th.

Hedge Funds Weigh In On BlackRock MuniHoldings Quality Fund II

A number of hedge funds have recently modified their holdings of the stock. Robinson Capital Management LLC increased its stake in shares of BlackRock MuniHoldings Quality Fund II by 554.8% in the fourth quarter. Robinson Capital Management LLC now owns 135,813 shares of the investment management company’s stock worth $1,368,000 after acquiring an additional 115,071 shares during the last quarter. Fiera Capital Corp acquired a new position in shares of BlackRock MuniHoldings Quality Fund II in the fourth quarter worth $6,064,000. Summit Trail Advisors LLC acquired a new position in BlackRock MuniHoldings Quality Fund II during the fourth quarter worth $124,000. Van ECK Associates Corp increased its position in BlackRock MuniHoldings Quality Fund II by 11.5% during the fourth quarter. Van ECK Associates Corp now owns 164,372 shares of the investment management company’s stock worth $1,647,000 after buying an additional 16,981 shares during the last quarter. Finally, Tyche Wealth Partners LLC acquired a new position in BlackRock MuniHoldings Quality Fund II during the fourth quarter worth $169,000.

About BlackRock MuniHoldings Quality Fund II

BlackRock MuniHoldings 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 of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.