BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Short Interest Update

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 126,300 shares, an increase of 48.1% from the January 15th total of 85,300 shares. Based on an average trading volume of 79,300 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Investors Weigh In On BlackRock MuniHoldings Quality Fund II

Several large investors have recently modified their holdings of the stock. Bank of Montreal Can boosted its stake in shares of BlackRock MuniHoldings Quality Fund II by 4.5% during the 4th quarter. Bank of Montreal Can now owns 22,927 shares of the investment management company’s stock worth $229,000 after acquiring an additional 991 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 4.8% in the fourth quarter. NewEdge Advisors LLC now owns 21,966 shares of the investment management company’s stock valued at $220,000 after purchasing an additional 1,000 shares in the last quarter. Horizon Kinetics Asset Management LLC lifted its holdings in shares of 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 purchasing an additional 1,100 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 16.9% in the fourth quarter. Avior Wealth Management LLC now owns 9,056 shares of the investment management company’s stock valued at $91,000 after purchasing an additional 1,306 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 18.4% in the third quarter. HighTower Advisors LLC now owns 16,991 shares of the investment management company’s stock valued at $176,000 after purchasing an additional 2,644 shares in the last quarter.

BlackRock MuniHoldings Quality Fund II Price Performance

MUE opened at $10.26 on Friday. The business has a fifty day simple moving average of $10.27 and a 200-day simple moving average of $10.45. BlackRock MuniHoldings Quality Fund II has a fifty-two week low of $9.65 and a fifty-two week high of $10.95.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 5.96%. The ex-dividend date is Friday, February 14th.

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.