BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Short Interest Up 19.9% in January

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 7,687 shares, an increase of 19.9% from the January 15th total of 6,409 shares. Based on an average daily volume of 59,097 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 59,097 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Quality Fund II

Institutional investors and hedge funds have recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new stake in shares of BlackRock MuniHoldings Quality Fund II during the 4th quarter worth approximately $27,000. Advisory Services Network LLC purchased a new position in BlackRock MuniHoldings Quality Fund II in the third quarter worth approximately $36,000. Kestra Advisory Services LLC purchased a new position in BlackRock MuniHoldings Quality Fund II in the fourth quarter worth approximately $38,000. Allworth Financial LP acquired a new stake in BlackRock MuniHoldings Quality Fund II during the second quarter worth $67,000. Finally, Scarborough Advisors LLC raised its position in BlackRock MuniHoldings Quality Fund II by 77.9% in the fourth quarter. Scarborough Advisors LLC now owns 7,193 shares of the investment management company’s stock valued at $72,000 after purchasing an additional 3,150 shares during the period.

BlackRock MuniHoldings Quality Fund II Trading Down 0.7%

Shares of BlackRock MuniHoldings Quality Fund II stock opened at $10.07 on Thursday. BlackRock MuniHoldings Quality Fund II has a one year low of $9.26 and a one year high of $10.48. The business’s 50 day moving average price is $10.05 and its 200 day moving average price is $9.94.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 6th will be given a dividend of $0.051 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, February 6th.

BlackRock MuniHoldings Quality Fund II Company Profile

BlackRock MuniHoldings Quality Fund II (NYSE:MUE) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income taxes. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including general obligation bonds, revenue bonds and insured or prerefunded issues. By focusing on quality issuers, the fund aims to balance income generation with a degree of credit preservation within the tax-free municipal bond market.

The fund’s portfolio typically comprises securities issued by state and local governments across the United States, enabling exposure to a broad range of tax-exempt muni credits.