BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Sees Significant Decrease in Short Interest

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 14,675 shares, a decrease of 42.7% from the November 30th total of 25,600 shares. Based on an average trading volume of 68,999 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 68,999 shares, the days-to-cover ratio is presently 0.2 days.

BlackRock MuniYield Quality Fund II Trading Up 0.5%

Shares of MQT stock traded up $0.05 during trading hours on Monday, hitting $9.98. 155,183 shares of the company were exchanged, compared to its average volume of 61,629. The firm has a fifty day moving average of $10.01 and a 200 day moving average of $9.82. BlackRock MuniYield Quality Fund II has a 1 year low of $9.05 and a 1 year high of $10.40.

BlackRock MuniYield Quality Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a dividend of $0.051 per share. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 6.1%.

Institutional Trading of BlackRock MuniYield Quality Fund II

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Elevation Point Wealth Partners LLC purchased a new position in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter worth $59,000. Nomura Holdings Inc. acquired a new stake in BlackRock MuniYield Quality Fund II during the second quarter worth about $96,000. Stratos Wealth Partners LTD. acquired a new stake in BlackRock MuniYield Quality Fund II during the second quarter worth about $110,000. Osaic Holdings Inc. raised its holdings in shares of BlackRock MuniYield Quality Fund II by 62.4% in the 2nd quarter. Osaic Holdings Inc. now owns 12,727 shares of the investment management company’s stock worth $123,000 after purchasing an additional 4,891 shares during the period. Finally, Franklin Resources Inc. acquired a new position in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter valued at about $209,000. 30.75% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund II Company Profile

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.