BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Short Interest Update

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 125,700 shares, a drop of 32.9% from the December 31st total of 187,400 shares. Based on an average trading volume of 86,500 shares, the short-interest ratio is currently 1.5 days.

BlackRock MuniHoldings Quality Fund II Price Performance

Shares of BlackRock MuniHoldings Quality Fund II stock opened at $10.34 on Friday. BlackRock MuniHoldings Quality Fund II has a twelve month low of $9.65 and a twelve month high of $10.95. The company’s fifty day moving average is $10.35 and its 200 day moving average is $10.44.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.051 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.61 annualized dividend and a yield of 5.92%.

Hedge Funds Weigh In On BlackRock MuniHoldings Quality Fund II

A number of hedge funds have recently bought and sold shares of the company. Rivernorth Capital Management LLC increased its stake in shares of BlackRock MuniHoldings Quality Fund II by 1.4% in the 3rd quarter. Rivernorth Capital Management LLC now owns 2,245,080 shares of the investment management company’s stock valued at $24,000,000 after acquiring an additional 30,224 shares in the last quarter. Pathstone Holdings LLC raised its position in BlackRock MuniHoldings Quality Fund II by 21.2% in the 3rd quarter. Pathstone Holdings LLC now owns 474,531 shares of the investment management company’s stock valued at $5,073,000 after buying an additional 83,012 shares during the last quarter. Advisors Asset Management Inc. lifted its position in shares of BlackRock MuniHoldings Quality Fund II by 65.3% during the third quarter. Advisors Asset Management Inc. now owns 169,729 shares of the investment management company’s stock valued at $1,814,000 after purchasing an additional 67,052 shares in the last quarter. Whitebox Advisors LLC grew its holdings in shares of BlackRock MuniHoldings Quality Fund II by 6.0% in the third quarter. Whitebox Advisors LLC now owns 101,047 shares of the investment management company’s stock valued at $1,080,000 after acquiring an additional 5,757 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC raised its stake in shares of BlackRock MuniHoldings Quality Fund II by 1.8% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 61,530 shares of the investment management company’s stock worth $658,000 after purchasing an additional 1,100 shares during the period.

About BlackRock MuniHoldings Quality Fund II

BlackRock MuniHoldings Quality Fund II, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.