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

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 125,700 shares, a drop of 32.9% from the December 31st total of 187,400 shares. Based on an average daily volume of 86,500 shares, the short-interest ratio is currently 1.5 days.

BlackRock MuniHoldings Quality Fund II Stock Performance

NYSE:MUE opened at $10.33 on Thursday. BlackRock MuniHoldings Quality Fund II has a 52 week low of $9.65 and a 52 week high of $10.95. The stock’s fifty day moving average is $10.36 and its two-hundred day moving average is $10.44.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date of this dividend is Wednesday, January 15th.

Institutional Trading of BlackRock MuniHoldings Quality Fund II

Several hedge funds have recently made changes to their positions in the business. Avior Wealth Management LLC increased its stake in BlackRock MuniHoldings Quality Fund II by 32.1% during the 3rd quarter. Avior Wealth Management LLC now owns 7,750 shares of the investment management company’s stock worth $83,000 after buying an additional 1,882 shares during the period. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of BlackRock MuniHoldings Quality Fund II in the third quarter valued at $165,000. HighTower Advisors LLC boosted its holdings in 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 during the period. Rockefeller Capital Management L.P. grew its stake in BlackRock MuniHoldings Quality Fund II by 43.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 33,982 shares of the investment management company’s stock worth $363,000 after purchasing an additional 10,303 shares in the last quarter. Finally, Riverbridge Partners LLC purchased a new stake in BlackRock MuniHoldings Quality Fund II during the 4th quarter worth about $407,000.

BlackRock MuniHoldings Quality Fund II Company Profile

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.