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

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) saw a large increase in short interest during the month of 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 daily volume of 79,300 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its stake in BlackRock MuniHoldings Quality Fund II by 317.9% during the fourth quarter. Farther Finance Advisors LLC now owns 5,215 shares of the investment management company’s stock worth $52,000 after purchasing an additional 3,967 shares during the period. Avior Wealth Management LLC boosted its holdings in shares of 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 in the last quarter. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of BlackRock MuniHoldings Quality Fund II during the 3rd quarter worth approximately $165,000. HighTower Advisors LLC increased its stake in shares of BlackRock MuniHoldings Quality Fund II by 18.4% in the 3rd quarter. HighTower Advisors LLC now owns 16,991 shares of the investment management company’s stock valued at $176,000 after acquiring an additional 2,644 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of BlackRock MuniHoldings Quality Fund II by 4.8% during the 4th quarter. NewEdge Advisors LLC now owns 21,966 shares of the investment management company’s stock valued at $220,000 after acquiring an additional 1,000 shares during the period.

BlackRock MuniHoldings Quality Fund II Trading Up 0.3 %

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

BlackRock MuniHoldings Quality Fund II Announces Dividend

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

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.