BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Short Interest Down 15.4% in November

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) was the recipient of a large drop in short interest in November. As of November 15th, there was short interest totalling 68,000 shares, a drop of 15.4% from the October 31st total of 80,400 shares. Based on an average daily volume of 165,700 shares, the days-to-cover ratio is currently 0.4 days.

BlackRock MuniYield Quality Fund Stock Up 1.2 %

NYSE:MQY opened at $12.75 on Monday. The business’s 50-day moving average price is $12.73 and its 200 day moving average price is $12.51. BlackRock MuniYield Quality Fund has a 52-week low of $11.32 and a 52-week high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.058 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.70 annualized dividend and a dividend yield of 5.46%.

Institutional Trading of BlackRock MuniYield Quality Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of BlackRock MuniYield Quality Fund by 41.8% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 692,268 shares of the financial services provider’s stock valued at $9,076,000 after purchasing an additional 204,079 shares during the last quarter. Pathway Financial Advisers LLC raised its holdings in BlackRock MuniYield Quality Fund by 7,424.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 298,178 shares of the financial services provider’s stock worth $3,909,000 after buying an additional 294,215 shares during the period. Rockefeller Capital Management L.P. lifted its stake in BlackRock MuniYield Quality Fund by 10.5% during the third quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock valued at $2,431,000 after buying an additional 17,695 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund by 13.4% in the third quarter. Janney Montgomery Scott LLC now owns 147,921 shares of the financial services provider’s stock worth $1,939,000 after buying an additional 17,482 shares during the period. Finally, HighTower Advisors LLC increased its position in shares of BlackRock MuniYield Quality Fund by 6.2% in the third quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider’s stock worth $1,549,000 after acquiring an additional 6,874 shares in the last quarter. 25.51% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.