BlackRock MuniYield Quality Fund, Inc. (NYSE: MQY) Short interest rate down 36.9% in December

BlackRock MuniYield Quality Fund, Inc. (NYSE: MQY) was the target of a significant drop in short interest rates in December. As of December 15, there was short interest totaling 33,900 shares, a decrease of 36.9% from the total of 53,700 shares as of November 30. Based on an average daily volume of 89,000 shares, the short-term interest rate is currently 0.4 days.

MQY shares traded up $ 0.02 on Friday, reaching $ 15.83. 1,690 shares of the stock traded for an average volume of 128,837. The company has a 50-day simple moving average of $ 16.16 and a 200-day simple moving average of $ 16.48. The BlackRock MuniYield Quality Fund has a one-year low of $ 15.35 and a one-year high of $ 17.80.

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 1. Investors of record on Friday, January 14 will receive a dividend of $ 0.063 per share. This represents an annualized dividend of $ 0.76 and a dividend yield of 4.78%. The ex-dividend date for this dividend is Thursday, January 13.

Several institutional investors and hedge funds have recently changed their positions in the title. Summit Trail Advisors LLC increased its holdings in BlackRock MuniYield Quality Fund by 68.2% in the third quarter. Summit Trail Advisors LLC now owns 120,046 shares of the financial services provider valued at $ 1,834,000 after purchasing an additional 48,696 shares in the last quarter. SeaCrest Wealth Management LLC increased its holdings in BlackRock MuniYield Quality Fund by 8.2% in the third quarter. SeaCrest Wealth Management LLC now owns 28,302 shares of the financial services provider valued at $ 458,000 after purchasing an additional 2,139 shares in the last quarter. LPL Financial LLC increased its holdings in BlackRock MuniYield Quality Fund by 24.8% in the third quarter. LPL Financial LLC now owns 77,048 shares of the financial services provider valued at $ 1,248,000 after purchasing an additional 15,313 shares in the last quarter. Royal Bank of Canada increased its holdings in BlackRock MuniYield Quality Fund by 36.5% in the third quarter. Royal Bank of Canada now owns 94,436 shares of the financial services provider valued at $ 1,530,000 after purchasing an additional 25,227 shares in the last quarter. Finally, Morgan Stanley increased its holdings in BlackRock MuniYield Quality Fund by 4.9% in the third quarter. Morgan Stanley now owns 1,830,577 shares of the financial services provider valued at $ 29,655,000 after purchasing an additional 84,889 shares in the last quarter. 38.20% of the shares are held by institutional investors.

(A d)

Whether you are looking to learn the basics of futures or are a seasoned veterinarian looking to hone your trading skills, our technical analysis guide has everything you need to be successful in today’s futures markets. hui!

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc. operates as a closed-end investment fund. It intends to offer shareholders current income exempt from federal income tax. The company was founded on July 21, 1992 and is headquartered in Wilmington, DE.

Featured article: Stock split

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in the BlackRock MuniYield Quality Fund now?

Before you consider the BlackRock MuniYield Quality Fund, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts are quietly asking their clients to buy now before the broader market takes hold of … and the BlackRock MuniYield Quality Fund was not on the list.

While BlackRock MuniYield Quality Fund currently has an “N / A” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here

Source link

About Catherine Wilson

Check Also

How much will Medibank’s dividend be in 2022?

Image source: Getty Images Shareholders of Medibank Private Limited (ASX:MPL) may be wondering how big …