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

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 55,500 shares, a growth of 90.7% from the March 15th total of 29,100 shares. Based on an average daily trading volume, of 70,000 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund II

Several institutional investors have recently modified their holdings of MQT. Rockefeller Capital Management L.P. purchased a new stake in shares of BlackRock MuniYield Quality Fund II during the first quarter valued at $1,341,000. Rivernorth Capital Management LLC boosted its position in BlackRock MuniYield Quality Fund II by 48.8% in the first quarter. Rivernorth Capital Management LLC now owns 301,336 shares of the investment management company’s stock worth $3,661,000 after purchasing an additional 98,849 shares during the last quarter. AQR Arbitrage LLC boosted its position in BlackRock MuniYield Quality Fund II by 132.1% in the third quarter. AQR Arbitrage LLC now owns 170,012 shares of the investment management company’s stock worth $1,528,000 after purchasing an additional 96,761 shares during the last quarter. Robinson Capital Management LLC boosted its position in BlackRock MuniYield Quality Fund II by 17.2% in the fourth quarter. Robinson Capital Management LLC now owns 515,250 shares of the investment management company’s stock worth $5,348,000 after purchasing an additional 75,579 shares during the last quarter. Finally, Cohen & Steers Inc. purchased a new position in BlackRock MuniYield Quality Fund II in the fourth quarter worth about $703,000. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Stock Up 0.2 %

BlackRock MuniYield Quality Fund II stock opened at $10.01 on Friday. BlackRock MuniYield Quality Fund II has a one year low of $8.59 and a one year high of $10.67. The business’s fifty day moving average is $10.40 and its 200 day moving average is $9.95.

BlackRock MuniYield Quality Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a dividend of $0.049 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.59 annualized dividend and a dividend yield of 5.87%.

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.