BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Reports Significant Short-Term Interest Growth


BlackRock MuniYield Quality Fund II, Inc. (NYSE: MQT – Get Rating) benefited from a significant increase in short interest in April. As of April 30, there was short interest totaling 10,300 shares, a 45.1% increase from the April 15 total of 7,100 shares. Based on an average daily trading volume of 72,700 shares, the short-term interest rate ratio is currently 0.1 day.

Shares of NYSE MQT traded down $0.27 during Friday’s trading, hitting $11.17. 54,003 shares were traded, against an average volume of 111,594. The company’s 50-day moving average price is $11.71 and its 200-day moving average price is $13.08. BlackRock MuniYield Quality Fund II has a 12-month low of $10.97 and a 12-month high of $15.17.

The company also recently announced a monthly dividend, which will be paid on Wednesday, June 1. Shareholders of record on Monday, May 16 will receive a dividend of $0.054. The ex-dividend date is Friday, May 13. This represents a dividend of $0.65 on an annualized basis and a yield of 5.80%.

Institutional investors have recently changed their positions in the company. Prospera Financial Services Inc acquired a new equity stake in BlackRock MuniYield Quality Fund II during the first quarter, valued at approximately $37,000. Steward Partners Investment Advisory LLC increased its stake in shares of BlackRock MuniYield Quality Fund II by 67.8% during the first quarter. Steward Partners Investment Advisory LLC now owns 4,541 shares of the investment management firm valued at $55,000 after acquiring 1,835 additional shares in the last quarter. Worth Asset Management LLC acquired a new equity stake in BlackRock MuniYield Quality Fund II during the first quarter, valued at approximately $113,000. LexAurum Advisors LLC acquired a new equity stake in BlackRock MuniYield Quality Fund II during the first quarter, valued at approximately $133,000. Finally, Landscape Capital Management LLC acquired a new equity stake in BlackRock MuniYield Quality Fund II during the first quarter valued at approximately $142,000. Institutional investors hold 21.66% of the company’s shares.

About the BlackRock MuniYield Quality Fund II (Get an evaluation)

BlackRock MuniYield Quality Fund II, Inc is a closed-end, fixed-income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in bond markets. It invests primarily in municipal debt securities that are exempt from federal income tax. BlackRock MuniYield Quality Fund II, Inc was established on September 21, 1992 and is domiciled in the United States.

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