Short Interest in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Declines By 25.5%

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 9,190 shares, a decline of 25.5% from the January 29th total of 12,339 shares. Based on an average trading volume of 51,400 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 51,400 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund II

Several institutional investors and hedge funds have recently bought and sold shares of the business. Whipplewood Advisors LLC lifted its holdings in BlackRock MuniYield Quality Fund II by 3.4% in the third quarter. Whipplewood Advisors LLC now owns 35,014 shares of the investment management company’s stock worth $351,000 after acquiring an additional 1,147 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of BlackRock MuniYield Quality Fund II by 4.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 33,825 shares of the investment management company’s stock worth $339,000 after purchasing an additional 1,575 shares during the period. Steward Partners Investment Advisory LLC raised its position in shares of BlackRock MuniYield Quality Fund II by 21.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 9,054 shares of the investment management company’s stock worth $91,000 after purchasing an additional 1,603 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of BlackRock MuniYield Quality Fund II by 8.6% in the 1st quarter. NewEdge Advisors LLC now owns 25,236 shares of the investment management company’s stock worth $252,000 after purchasing an additional 2,000 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of BlackRock MuniYield Quality Fund II by 14.3% in the 4th quarter. HighTower Advisors LLC now owns 20,319 shares of the investment management company’s stock worth $204,000 after purchasing an additional 2,538 shares during the last quarter. Institutional investors and hedge funds own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of MQT stock traded up $0.01 on Monday, hitting $10.30. 15,310 shares of the stock traded hands, compared to its average volume of 52,915. The company’s fifty day moving average is $10.14 and its 200 day moving average is $10.02. BlackRock MuniYield Quality Fund II has a 1-year low of $9.05 and a 1-year high of $10.40.

BlackRock MuniYield Quality Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 6th will be given a $0.051 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, February 6th.

About BlackRock MuniYield Quality Fund II

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.