BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Short Interest Down 80.3% in January

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 6,409 shares, a decrease of 80.3% from the December 31st total of 32,536 shares. Based on an average daily trading volume, of 36,424 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 36,424 shares, the days-to-cover ratio is currently 0.2 days.

BlackRock MuniHoldings Quality Fund II Stock Up 0.2%

Shares of MUE stock traded up $0.02 during trading hours on Tuesday, hitting $10.06. 33,258 shares of the company were exchanged, compared to its average volume of 48,392. BlackRock MuniHoldings Quality Fund II has a 52 week low of $9.26 and a 52 week high of $10.48. The business has a 50 day moving average of $10.01 and a two-hundred day moving average of $9.86.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 6th will be issued a dividend of $0.051 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, February 6th.

Institutional Inflows and Outflows

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

BlackRock MuniHoldings Quality Fund II Company Profile

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.