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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 65,200 shares, a decrease of 25.9% from the January 15th total of 88,000 shares. Based on an average trading volume of 251,600 shares, the short-interest ratio is currently 0.3 days.

BlackRock MuniYield Quality Fund III Stock Up 0.1 %

MYI stock traded up $0.02 during trading on Friday, hitting $11.13. 211,503 shares of the company’s stock traded hands, compared to its average volume of 173,002. BlackRock MuniYield Quality Fund III has a 52 week low of $10.83 and a 52 week high of $12.07. The stock has a fifty day moving average price of $11.12 and a two-hundred day moving average price of $11.43.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.0555 dividend. This represents a $0.67 annualized dividend and a yield of 5.99%. The ex-dividend date is Friday, February 14th.

Institutional Trading of BlackRock MuniYield Quality Fund III

A number of hedge funds have recently bought and sold shares of MYI. Melfa Wealth Management Inc. increased its holdings in BlackRock MuniYield Quality Fund III by 1.9% in the third quarter. Melfa Wealth Management Inc. now owns 240,790 shares of the investment management company’s stock worth $2,889,000 after buying an additional 4,512 shares during the last quarter. Raymond James & Associates grew its holdings in BlackRock MuniYield Quality Fund III by 2.9% during the third quarter. Raymond James & Associates now owns 439,416 shares of the investment management company’s stock valued at $5,273,000 after purchasing an additional 12,335 shares during the last quarter. Eastern Bank acquired a new position in BlackRock MuniYield Quality Fund III during the third quarter valued at approximately $1,282,000. International Assets Investment Management LLC grew its holdings in BlackRock MuniYield Quality Fund III by 1,108.2% during the third quarter. International Assets Investment Management LLC now owns 44,872 shares of the investment management company’s stock valued at $5,380,000 after purchasing an additional 41,158 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its holdings in BlackRock MuniYield Quality Fund III by 11.8% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 986,901 shares of the investment management company’s stock valued at $11,843,000 after purchasing an additional 104,304 shares during the last quarter. 34.01% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund III Company Profile

BlackRock MuniYield Quality Fund III, 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 obligations exempt from federal income taxes.