Short Interest in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Rises By 157.8%

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 32,536 shares, a growth of 157.8% from the December 15th total of 12,619 shares. Based on an average trading volume of 134,306 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 134,306 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Quality Fund II

Several hedge funds have recently modified their holdings of the company. Advisors Asset Management Inc. increased its position in BlackRock MuniHoldings Quality Fund II by 67.3% in the second quarter. Advisors Asset Management Inc. now owns 277,213 shares of the investment management company’s stock worth $2,656,000 after buying an additional 111,564 shares during the last quarter. Atala Financial Inc increased its holdings in shares of BlackRock MuniHoldings Quality Fund II by 140.3% in the 3rd quarter. Atala Financial Inc now owns 128,568 shares of the investment management company’s stock worth $1,293,000 after buying an additional 75,065 shares during the last quarter. Pathstone Holdings LLC boosted its stake in BlackRock MuniHoldings Quality Fund II by 8.6% in the third quarter. Pathstone Holdings LLC now owns 894,639 shares of the investment management company’s stock worth $9,000,000 after buying an additional 70,788 shares in the last quarter. Invesco Ltd. raised its position in BlackRock MuniHoldings Quality Fund II by 32.4% in the 2nd quarter. Invesco Ltd. now owns 224,540 shares of the investment management company’s stock worth $2,151,000 after purchasing an additional 54,896 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in BlackRock MuniHoldings Quality Fund II by 9.0% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 355,611 shares of the investment management company’s stock valued at $3,577,000 after acquiring an additional 29,368 shares during the period.

BlackRock MuniHoldings Quality Fund II Stock Up 0.2%

Shares of MUE stock opened at $10.17 on Friday. BlackRock MuniHoldings Quality Fund II has a fifty-two week low of $9.26 and a fifty-two week high of $10.48. The stock’s fifty day moving average price is $10.01 and its two-hundred day moving average price is $9.83.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 6th will be given a $0.051 dividend. The ex-dividend date is Friday, February 6th. This represents a c) annualized dividend and a yield of 6.0%.

About BlackRock MuniHoldings Quality Fund II

BlackRock MuniHoldings Quality Fund II (NYSE:MUE) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income taxes. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including general obligation bonds, revenue bonds and insured or prerefunded issues. By focusing on quality issuers, the fund aims to balance income generation with a degree of credit preservation within the tax-free municipal bond market.

The fund’s portfolio typically comprises securities issued by state and local governments across the United States, enabling exposure to a broad range of tax-exempt muni credits.