Short Interest in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Declines By 25.7%

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 163,800 shares, a decline of 25.7% from the September 30th total of 220,600 shares. Based on an average daily trading volume, of 152,000 shares, the short-interest ratio is presently 1.1 days.

BlackRock MuniYield Quality Fund Price Performance

BlackRock MuniYield Quality Fund stock traded up $0.05 during midday trading on Friday, reaching $12.56. The stock had a trading volume of 219,476 shares, compared to its average volume of 149,526. The stock’s 50-day simple moving average is $12.87 and its 200 day simple moving average is $12.43. BlackRock MuniYield Quality Fund has a twelve month low of $9.82 and a twelve month high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a $0.058 dividend. This represents a $0.70 annualized dividend and a dividend yield of 5.54%. The ex-dividend date of this dividend is Tuesday, October 15th.

Institutional Trading of BlackRock MuniYield Quality Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. TruNorth Capital Management LLC acquired a new position in BlackRock MuniYield Quality Fund during the second quarter valued at approximately $26,000. Larson Financial Group LLC acquired a new position in shares of BlackRock MuniYield Quality Fund during the 2nd quarter valued at $34,000. Luken Investment Analytics LLC purchased a new stake in BlackRock MuniYield Quality Fund during the 2nd quarter worth $48,000. Pathway Financial Advisers LLC acquired a new stake in BlackRock MuniYield Quality Fund in the 1st quarter valued at $48,000. Finally, Primoris Wealth Advisors LLC raised its position in BlackRock MuniYield Quality Fund by 25.0% in the first quarter. Primoris Wealth Advisors LLC now owns 12,500 shares of the financial services provider’s stock valued at $153,000 after purchasing an additional 2,500 shares during the period. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.