BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Stock Short Interest Report for September

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 413,778 shares, a growth of 272.2% from the September 15th total of 111,165 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,205,445 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MQY. Allied Private Wealth LLC bought a new stake in shares of BlackRock MuniYield Quality Fund in the 2nd quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of BlackRock MuniYield Quality Fund in the 2nd quarter worth approximately $27,000. Geneos Wealth Management Inc. purchased a new position in shares of BlackRock MuniYield Quality Fund in the 1st quarter worth approximately $34,000. Ballast Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund during the 1st quarter valued at approximately $35,000. Finally, Fifth Third Bancorp purchased a new stake in BlackRock MuniYield Quality Fund during the 1st quarter valued at $54,000. 25.51% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund Stock Down 1.1%

Shares of NYSE:MQY traded down $0.10 during trading on Monday, reaching $9.88. The company’s stock had a trading volume of 1,131,849 shares, compared to its average volume of 485,093. BlackRock MuniYield Quality Fund has a 12 month low of $9.66 and a 12 month high of $11.94. The firm’s 50 day simple moving average is $10.68 and its two-hundred day simple moving average is $11.13.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be paid a dividend of $0.0580 per share. This represents a $0.70 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc (NYSE: MQY) is a closed-end investment fund managed by BlackRock Advisors, LLC. The fund seeks to provide current income that is exempt from regular U.S. federal income tax, with capital appreciation as a secondary objective.

The fund invests primarily in long-term municipal obligations issued by states, municipalities, and other governmental entities throughout the United States. Its portfolio may include general obligation bonds, revenue bonds, and other tax-exempt securities used to finance public infrastructure and services.

As a national municipal bond fund, BlackRock MuniYield Quality Fund generally invests across multiple U.S.