BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Short Interest Update

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQTGet Free Report) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 47,300 shares, an increase of 46.4% from the November 15th total of 32,300 shares. Based on an average daily trading volume, of 56,200 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Rivernorth Capital Management LLC raised its position in BlackRock MuniYield Quality Fund II by 0.9% during the third quarter. Rivernorth Capital Management LLC now owns 1,251,418 shares of the investment management company’s stock valued at $13,540,000 after buying an additional 11,450 shares during the period. Raymond James & Associates increased its holdings in shares of BlackRock MuniYield Quality Fund II by 1.7% in the 2nd quarter. Raymond James & Associates now owns 243,612 shares of the investment management company’s stock valued at $2,507,000 after purchasing an additional 4,095 shares during the period. Logan Stone Capital LLC lifted its position in shares of BlackRock MuniYield Quality Fund II by 247.0% in the second quarter. Logan Stone Capital LLC now owns 114,817 shares of the investment management company’s stock worth $1,181,000 after purchasing an additional 81,733 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund II during the third quarter worth approximately $5,750,000. Finally, Rothschild Investment LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund II during the second quarter worth approximately $517,000. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of NYSE MQT traded down $0.10 during mid-day trading on Friday, reaching $10.45. The company had a trading volume of 45,387 shares, compared to its average volume of 50,925. The company has a 50-day moving average price of $10.50 and a two-hundred day moving average price of $10.47. BlackRock MuniYield Quality Fund II has a 1-year low of $9.74 and a 1-year high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date is Monday, December 16th.

About BlackRock MuniYield Quality Fund II

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BlackRock MuniYield 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. It primarily invests in municipal debt bonds exempt from federal income taxes. BlackRock MuniYield Quality Fund II, Inc was formed in September 21, 1992 and is domiciled in United States.

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