BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Short Interest Update

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 5,900 shares, a decrease of 71.2% from the January 15th total of 20,500 shares. Based on an average daily trading volume, of 84,800 shares, the short-interest ratio is presently 0.1 days.

BlackRock MuniVest Fund II Stock Down 1.1 %

Shares of BlackRock MuniVest Fund II stock traded down $0.13 on Wednesday, reaching $10.75. 55,884 shares of the company were exchanged, compared to its average volume of 48,601. BlackRock MuniVest Fund II has a 1-year low of $10.33 and a 1-year high of $11.97. The company’s 50-day moving average is $10.74 and its two-hundred day moving average is $11.04.

BlackRock MuniVest Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date of this dividend is Friday, February 14th.

Hedge Funds Weigh In On BlackRock MuniVest Fund II

Several institutional investors have recently modified their holdings of the company. Wolverine Asset Management LLC raised its stake in shares of BlackRock MuniVest Fund II by 573.8% in the 4th quarter. Wolverine Asset Management LLC now owns 11,063 shares of the financial services provider’s stock worth $117,000 after buying an additional 9,421 shares in the last quarter. Avior Wealth Management LLC lifted its stake in BlackRock MuniVest Fund II by 17.8% during the third quarter. Avior Wealth Management LLC now owns 11,184 shares of the financial services provider’s stock valued at $127,000 after buying an additional 1,689 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in BlackRock MuniVest Fund II in the 3rd quarter worth approximately $153,000. Freestone Capital Holdings LLC boosted its position in BlackRock MuniVest Fund II by 13.0% during the 4th quarter. Freestone Capital Holdings LLC now owns 22,600 shares of the financial services provider’s stock worth $238,000 after acquiring an additional 2,600 shares during the period. Finally, Hollencrest Capital Management purchased a new position in BlackRock MuniVest Fund II during the 4th quarter valued at about $263,000. Institutional investors own 34.19% of the company’s stock.

About BlackRock MuniVest Fund II

BlackRock MuniVest 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. It invests primarily in long-term municipal bonds exempt from federal income taxes. BlackRock MuniVest Fund II, Inc was formed on March 29, 1993 and is domiciled in United States.