Short Interest in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Declines By 40.3%

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 75,400 shares, a decrease of 40.3% from the January 31st total of 126,300 shares. Based on an average daily volume of 71,800 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Quality Fund II

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Elequin Capital LP purchased a new position in BlackRock MuniHoldings Quality Fund II in the 4th quarter worth $47,000. Nomura Holdings Inc. raised its stake in BlackRock MuniHoldings Quality Fund II by 42.4% in the 4th quarter. Nomura Holdings Inc. now owns 23,700 shares of the investment management company’s stock worth $237,000 after acquiring an additional 7,059 shares during the last quarter. Nuveen Asset Management LLC raised its stake in BlackRock MuniHoldings Quality Fund II by 25.6% in the 4th quarter. Nuveen Asset Management LLC now owns 14,918 shares of the investment management company’s stock worth $149,000 after acquiring an additional 3,045 shares during the last quarter. NewEdge Advisors LLC raised its stake in BlackRock MuniHoldings Quality Fund II by 4.8% in the 4th quarter. NewEdge Advisors LLC now owns 21,966 shares of the investment management company’s stock worth $220,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Guggenheim Capital LLC raised its stake in BlackRock MuniHoldings Quality Fund II by 18.1% in the 4th quarter. Guggenheim Capital LLC now owns 507,340 shares of the investment management company’s stock worth $5,073,000 after acquiring an additional 77,765 shares during the last quarter.

BlackRock MuniHoldings Quality Fund II Stock Performance

Shares of MUE traded down $0.13 during midday trading on Tuesday, hitting $10.30. 26,952 shares of the company’s stock traded hands, compared to its average volume of 51,299. The firm’s fifty day moving average is $10.23 and its 200-day moving average is $10.44. BlackRock MuniHoldings Quality Fund II has a 1 year low of $9.65 and a 1 year high of $10.95.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a $0.051 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.61 dividend on an annualized basis and a yield of 5.94%.

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.