Short Interest in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Grows By 75.4%

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 25,746 shares, a growth of 75.4% from the December 15th total of 14,675 shares. Based on an average daily volume of 87,480 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 87,480 shares, the days-to-cover ratio is currently 0.3 days.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of NYSE:MQT remained flat at $10.20 on Friday. 15,299 shares of the stock traded hands, compared to its average volume of 57,923. BlackRock MuniYield Quality Fund II has a 12-month low of $9.05 and a 12-month high of $10.40. The stock’s 50-day moving average is $10.02 and its 200-day moving average is $9.87.

BlackRock MuniYield Quality Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 6th will be paid a dividend of $0.051 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund II

Several hedge funds have recently added to or reduced their stakes in the stock. Elevation Point Wealth Partners LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II in the second quarter worth $59,000. Nomura Holdings Inc. purchased a new stake in shares of BlackRock MuniYield Quality Fund II during the 2nd quarter valued at about $96,000. Dakota Wealth Management purchased a new stake in shares of BlackRock MuniYield Quality Fund II during the 4th quarter valued at about $113,000. Stratos Wealth Partners LTD. bought a new position in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter worth approximately $110,000. Finally, Osaic Holdings Inc. boosted its holdings in shares of BlackRock MuniYield Quality Fund II by 62.4% in the second quarter. Osaic Holdings Inc. now owns 12,727 shares of the investment management company’s stock worth $123,000 after buying an additional 4,891 shares during the last quarter. 30.75% of the stock is owned by institutional investors.

About BlackRock MuniYield Quality Fund II

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.