BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Short Interest Update

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 15,900 shares, a decrease of 15.0% from the February 13th total of 18,700 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 110,300 shares, the short-interest ratio is currently 0.1 days.

BlackRock MuniYield New York Quality Fund Trading Down 0.2 %

MYN stock opened at $9.90 on Thursday. BlackRock MuniYield New York Quality Fund has a 1 year low of $9.81 and a 1 year high of $10.87. The stock has a 50-day moving average price of $10.14 and a two-hundred day moving average price of $10.36.

BlackRock MuniYield New York Quality Fund Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a dividend of $0.0512 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.61 dividend on an annualized basis and a yield of 6.21%. This is a boost from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04.

Institutional Investors Weigh In On BlackRock MuniYield New York Quality Fund

A number of institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC raised its position in shares of BlackRock MuniYield New York Quality Fund by 43.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 462,824 shares of the investment management company’s stock worth $4,665,000 after acquiring an additional 140,674 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new position in shares of BlackRock MuniYield New York Quality Fund in the 4th quarter worth about $128,000. PFG Investments LLC bought a new stake in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter valued at $112,000. Tallon Kerry Patrick bought a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter worth approximately $122,000. Finally, Walleye Capital LLC purchased a new stake in shares of BlackRock MuniYield New York Quality Fund in the third quarter worth about $167,000. Institutional investors own 29.32% of the company’s stock.

About BlackRock MuniYield New York Quality Fund

BlackRock MuniYield New York Quality Fund, 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. It invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.