Short Interest in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Drops By 32.9%

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 125,700 shares, a decrease of 32.9% from the December 31st total of 187,400 shares. Based on an average daily volume of 86,500 shares, the short-interest ratio is presently 1.5 days.

Institutional Investors Weigh In On BlackRock MuniHoldings Quality Fund II

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. acquired a new position in BlackRock MuniHoldings Quality Fund II in the third quarter valued at approximately $165,000. Pathstone Holdings LLC grew its position in shares of BlackRock MuniHoldings Quality Fund II by 21.2% in the 3rd quarter. Pathstone Holdings LLC now owns 474,531 shares of the investment management company’s stock valued at $5,073,000 after buying an additional 83,012 shares during the last quarter. Avior Wealth Management LLC raised its stake in BlackRock MuniHoldings Quality Fund II by 32.1% during the 3rd quarter. Avior Wealth Management LLC now owns 7,750 shares of the investment management company’s stock worth $83,000 after acquiring an additional 1,882 shares in the last quarter. Advisors Asset Management Inc. lifted its position in BlackRock MuniHoldings Quality Fund II by 65.3% in the third quarter. Advisors Asset Management Inc. now owns 169,729 shares of the investment management company’s stock valued at $1,814,000 after acquiring an additional 67,052 shares during the last quarter. Finally, Horizon Kinetics Asset Management LLC boosted its stake in BlackRock MuniHoldings Quality Fund II by 1.8% in the third quarter. Horizon Kinetics Asset Management LLC now owns 61,530 shares of the investment management company’s stock valued at $658,000 after acquiring an additional 1,100 shares in the last quarter.

BlackRock MuniHoldings Quality Fund II Stock Up 0.3 %

BlackRock MuniHoldings Quality Fund II stock opened at $10.33 on Thursday. The company has a fifty day simple moving average of $10.36 and a 200-day simple moving average of $10.44. BlackRock MuniHoldings Quality Fund II has a 12-month low of $9.65 and a 12-month high of $10.95.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.051 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.61 annualized dividend and a dividend yield of 5.93%.

About BlackRock MuniHoldings Quality Fund II

BlackRock MuniHoldings 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 of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.