BlackRock Municipal Income Quality Trust (NYSE:BYM – Get Free Report) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 23,300 shares, an increase of 20.1% from the October 31st total of 19,400 shares. Based on an average trading volume of 59,900 shares, the days-to-cover ratio is currently 0.4 days.
BlackRock Municipal Income Quality Trust Stock Performance
Shares of BYM opened at $11.69 on Tuesday. The company has a 50 day moving average of $11.67 and a two-hundred day moving average of $11.64. BlackRock Municipal Income Quality Trust has a twelve month low of $10.78 and a twelve month high of $12.38.
BlackRock Municipal Income Quality Trust Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a dividend of $0.0555 per share. The ex-dividend date was Friday, November 15th. This represents a $0.67 annualized dividend and a yield of 5.70%.
Institutional Inflows and Outflows
About BlackRock Municipal Income Quality Trust
BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.
Further Reading
- Five stocks we like better than BlackRock Municipal Income Quality Trust
- Quiet Period Expirations Explained
- How to Master Trading Discipline: Overcome Emotional Challenges
- What Makes a Stock a Good Dividend Stock?
- Trump Tax Reforms: 7 Stocks That Could Benefit in 2025
- 3 Healthcare Dividend Stocks to Buy
- 3 Stocks Near 52-Week Lows: Why They Could Be Smart Buys Today
Receive News & Ratings for BlackRock Municipal Income Quality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Municipal Income Quality Trust and related companies with MarketBeat.com's FREE daily email newsletter.