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

BlackRock MuniVest Fund II logo with Finance background

BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Get Free Report) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 5,900 shares, a decline 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 currently 0.1 days.

Hedge Funds Weigh In On BlackRock MuniVest Fund II

Several hedge funds and other institutional investors have recently bought and sold shares of MVT. Wolverine Asset Management LLC increased its position in shares of BlackRock MuniVest Fund II by 573.8% in the fourth quarter. Wolverine Asset Management LLC now owns 11,063 shares of the financial services provider's stock valued at $117,000 after buying an additional 9,421 shares in the last quarter. Avior Wealth Management LLC increased its holdings in BlackRock MuniVest Fund II by 17.8% during the 3rd quarter. Avior Wealth Management LLC now owns 11,184 shares of the financial services provider's stock valued at $127,000 after acquiring an additional 1,689 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new position in BlackRock MuniVest Fund II during the 4th quarter valued at about $119,000. Benjamin Edwards Inc. acquired a new stake in shares of BlackRock MuniVest Fund II in the third quarter valued at approximately $153,000. Finally, Freestone Capital Holdings LLC raised its position in shares of 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 purchasing an additional 2,600 shares during the last quarter. 34.19% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniVest Fund II Trading Up 0.8 %

MVT traded up $0.09 on Friday, hitting $10.87. 45,664 shares of the company were exchanged, compared to its average volume of 48,273. The business's fifty day moving average is $10.71 and its 200 day moving average is $11.03. BlackRock MuniVest Fund II has a fifty-two week low of $10.33 and a fifty-two week high of $11.97.

BlackRock MuniVest Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.054 dividend. This represents a $0.65 annualized dividend and a yield of 5.96%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock MuniVest Fund II Company Profile

(Get Free Report)

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.

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