BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Short Interest Update

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 97,472 shares, a decrease of 50.5% from the July 15th total of 197,063 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 358,438 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of BlackRock MuniYield Quality Fund

Several large investors have recently modified their holdings of MQY. Allied Private Wealth LLC acquired a new stake in BlackRock MuniYield Quality Fund in the second quarter worth $25,000. Northwestern Mutual Wealth Management Co. bought a new stake in BlackRock MuniYield Quality Fund in the 2nd quarter valued at about $25,000. Global Retirement Partners LLC bought a new stake in BlackRock MuniYield Quality Fund in the 4th quarter valued at about $32,000. Garton & Associates Financial Advisors LLC acquired a new position in BlackRock MuniYield Quality Fund during the 4th quarter worth approximately $32,000. Finally, Geneos Wealth Management Inc. acquired a new position in BlackRock MuniYield Quality Fund during the 1st quarter worth approximately $34,000. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

Shares of MQY stock traded down $0.09 during mid-day trading on Tuesday, hitting $11.15. The company’s stock had a trading volume of 447,537 shares, compared to its average volume of 357,899. The company’s fifty day simple moving average is $11.43 and its 200-day simple moving average is $11.44. BlackRock MuniYield Quality Fund has a 52 week low of $10.84 and a 52 week high of $11.94.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.058 dividend. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Tuesday, September 15th.

About BlackRock MuniYield Quality Fund

BlackRock MuniYield Quality Fund (NYSE: MQY) is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.

As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.