BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Up 75.4% in December

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQTGet Free Report) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 25,746 shares, a growth of 75.4% from the December 15th total of 14,675 shares. Based on an average trading volume of 87,480 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 87,480 shares, the short-interest ratio is presently 0.3 days.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of MQT stock remained flat at $10.20 during trading hours on Friday. The stock had a trading volume of 15,299 shares, compared to its average volume of 57,923. BlackRock MuniYield Quality Fund II has a 12 month low of $9.05 and a 12 month high of $10.40. The company has a 50 day moving average price of $10.02 and a 200-day moving average price of $9.87.

BlackRock MuniYield Quality Fund II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 6th will be paid a $0.051 dividend. The ex-dividend date of this dividend is Friday, February 6th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Several large investors have recently made changes to their positions in MQT. Stratos Wealth Partners LTD. acquired a new stake in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter valued at approximately $110,000. Freestone Capital Holdings LLC increased its stake in shares of BlackRock MuniYield Quality Fund II by 69.9% during the 2nd quarter. Freestone Capital Holdings LLC now owns 48,600 shares of the investment management company’s stock worth $469,000 after purchasing an additional 20,000 shares during the last quarter. Whipplewood Advisors LLC raised its holdings in shares of BlackRock MuniYield Quality Fund II by 209.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 33,867 shares of the investment management company’s stock valued at $326,000 after purchasing an additional 22,907 shares during the period. Wolverine Asset Management LLC grew its holdings in BlackRock MuniYield Quality Fund II by 118.7% during the second quarter. Wolverine Asset Management LLC now owns 105,924 shares of the investment management company’s stock worth $1,021,000 after purchasing an additional 57,497 shares during the period. Finally, Canal Capital Management LLC increased its position in BlackRock MuniYield Quality Fund II by 50.1% during the fourth quarter. Canal Capital Management LLC now owns 22,297 shares of the investment management company’s stock worth $224,000 after buying an additional 7,442 shares during the last quarter. Institutional investors and hedge funds own 30.75% of the company’s stock.

About BlackRock MuniYield Quality Fund II

(Get Free Report)

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.

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