BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Short Interest Down 72.8% in February

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 26,000 shares, a decrease of 72.8% from the January 31st total of 95,500 shares. Based on an average daily volume of 251,600 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund

Several hedge funds and other institutional investors have recently made changes to their positions in MQY. Clear Creek Financial Management LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 20.7% during the third quarter. Clear Creek Financial Management LLC now owns 15,143 shares of the financial services provider’s stock worth $199,000 after buying an additional 2,600 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 13.4% during 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. Primoris Wealth Advisors LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 107.7% during the third quarter. Primoris Wealth Advisors LLC now owns 40,500 shares of the financial services provider’s stock worth $531,000 after buying an additional 21,000 shares during the period. Larson Financial Group LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 226.3% during the third quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider’s stock worth $120,000 after buying an additional 6,335 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in shares of 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 worth $2,431,000 after buying an additional 17,695 shares during the period. 25.51% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Stock Up 0.5 %

Shares of NYSE:MQY traded up $0.06 during trading on Friday, hitting $12.05. 59,721 shares of the company traded hands, compared to its average volume of 196,291. The business’s fifty day moving average is $11.80 and its 200-day moving average is $12.39. BlackRock MuniYield Quality Fund has a one year low of $11.43 and a one year high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a dividend yield of 5.78%. The ex-dividend date is Friday, February 14th.

About BlackRock MuniYield Quality Fund

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.