BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) Short Interest Update

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 9,019 shares, a decrease of 41.0% from the August 31st total of 15,279 shares. Based on an average trading volume of 29,292 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MPA. Sit Investment Associates Inc. lifted its position in BlackRock MuniYield Pennsylvania Quality Fund by 2.3% during the fourth quarter. Sit Investment Associates Inc. now owns 168,799 shares of the investment management company’s stock worth $1,870,000 after acquiring an additional 3,729 shares during the last quarter. Fiera Capital Corp acquired a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund in the fourth quarter valued at approximately $1,792,000. NewEdge Advisors LLC bought a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the first quarter worth approximately $828,000. Cetera Investment Advisers increased its stake in shares of BlackRock MuniYield Pennsylvania Quality Fund by 9.5% during the first quarter. Cetera Investment Advisers now owns 29,720 shares of the investment management company’s stock worth $328,000 after purchasing an additional 2,586 shares during the period. Finally, Royal Bank of Canada lifted its holdings in BlackRock MuniYield Pennsylvania Quality Fund by 67.4% during the 1st quarter. Royal Bank of Canada now owns 27,298 shares of the investment management company’s stock worth $301,000 after purchasing an additional 10,995 shares during the last quarter. Institutional investors and hedge funds own 24.70% of the company’s stock.

BlackRock MuniYield Pennsylvania Quality Fund Trading Up 0.7%

MPA stock traded up $0.07 during midday trading on Thursday, reaching $9.72. 45,550 shares of the company were exchanged, compared to its average volume of 32,457. The business has a 50-day moving average price of $10.70 and a two-hundred day moving average price of $11.06. BlackRock MuniYield Pennsylvania Quality Fund has a one year low of $9.52 and a one year high of $11.87.

BlackRock MuniYield Pennsylvania Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be paid a dividend of $0.0477 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, December 11th.

About BlackRock MuniYield Pennsylvania Quality Fund

BlackRock MuniYield Pennsylvania Quality Fund, Inc (NYSE: MPA) is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax and Pennsylvania personal income tax. The fund invests primarily in long-term municipal obligations issued by or on behalf of Pennsylvania and its local governments, as well as related public authorities and agencies.

Its portfolio may include bonds financing essential public services and infrastructure, such as education, transportation, utilities, health care, and housing.