In March, BlackRock MuniYield Quality Fund II short interest increased by 90.7% to 55,500 shares, while MuniHoldings California Quality Fund short interest dropped by 27.

In March, BlackRock MuniYield Quality Fund II (MQT) saw its short interest rise by 90.7% to 55,500 shares, with a days-to-cover ratio of 0.8 days. Meanwhile, BlackRock MuniHoldings California Quality Fund (MUC) experienced a 27.5% drop in short interest, standing at 38,800 shares with a 4.0 days short-interest ratio. Hedge funds, including AQR Arbitrage, Morgan Stanley, and Saba Capital Management, have made various changes to their holdings in both funds.

April 14, 2024
3 Articles