BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Update

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 40,700 shares, a growth of 190.7% from the October 15th total of 14,000 shares. Based on an average daily volume of 52,100 shares, the days-to-cover ratio is presently 0.8 days.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of NYSE:MQT opened at $10.41 on Wednesday. The firm has a fifty day moving average price of $10.64 and a 200 day moving average price of $10.40. BlackRock MuniYield Quality Fund II has a fifty-two week low of $9.20 and a fifty-two week high of $11.00.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Friday, November 15th.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund II

Several large investors have recently made changes to their positions in the company. Concurrent Investment Advisors LLC boosted its position in shares of BlackRock MuniYield Quality Fund II by 28.3% during the 1st quarter. Concurrent Investment Advisors LLC now owns 34,684 shares of the investment management company’s stock valued at $365,000 after acquiring an additional 7,647 shares during the last quarter. Raymond James & Associates lifted its position in BlackRock MuniYield Quality Fund II by 1.7% during the second quarter. Raymond James & Associates now owns 243,612 shares of the investment management company’s stock valued at $2,507,000 after purchasing an additional 4,095 shares during the last quarter. Ackerman Capital Advisors LLC bought a new position in BlackRock MuniYield Quality Fund II during the second quarter valued at $199,000. Rothschild Investment LLC purchased a new position in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter worth $517,000. Finally, Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter worth about $159,000. 30.75% of the stock is owned by institutional investors.

About BlackRock MuniYield Quality Fund II

BlackRock MuniYield 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. It primarily invests in municipal debt bonds exempt from federal income taxes. BlackRock MuniYield Quality Fund II, Inc was formed in September 21, 1992 and is domiciled in United States.