BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Short Interest Down 52.7% in December

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 1,915 shares, a decline of 52.7% from the December 15th total of 4,047 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 63,057 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 63,057 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

BlackRock MuniVest Fund II Stock Up 0.8%

Shares of NYSE:MVT traded up $0.09 during trading on Wednesday, hitting $10.87. The stock had a trading volume of 31,929 shares, compared to its average volume of 37,848. The firm’s fifty day moving average is $10.71 and its 200 day moving average is $10.53. BlackRock MuniVest Fund II has a 12 month low of $9.71 and a 12 month high of $11.19.

BlackRock MuniVest Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 6th will be issued a $0.054 dividend. The ex-dividend date is Friday, February 6th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Institutional Trading of BlackRock MuniVest Fund II

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Gridiron Partners LLC increased its stake in shares of BlackRock MuniVest Fund II by 9,221.4% in the 3rd quarter. Gridiron Partners LLC now owns 2,244,314 shares of the financial services provider’s stock worth $256,000 after acquiring an additional 2,220,237 shares in the last quarter. Pathstone Holdings LLC grew its holdings in BlackRock MuniVest Fund II by 0.7% in the third quarter. Pathstone Holdings LLC now owns 911,321 shares of the financial services provider’s stock worth $9,687,000 after purchasing an additional 6,067 shares during the period. Advisors Asset Management Inc. increased its stake in shares of BlackRock MuniVest Fund II by 22.1% during the third quarter. Advisors Asset Management Inc. now owns 544,764 shares of the financial services provider’s stock valued at $5,791,000 after purchasing an additional 98,651 shares in the last quarter. Karpus Management Inc. lifted its holdings in shares of BlackRock MuniVest Fund II by 19.5% during the second quarter. Karpus Management Inc. now owns 398,165 shares of the financial services provider’s stock valued at $4,109,000 after purchasing an additional 65,037 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its holdings in shares of BlackRock MuniVest Fund II by 10.8% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 317,330 shares of the financial services provider’s stock valued at $3,373,000 after purchasing an additional 30,817 shares during the last quarter. 34.19% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniVest Fund II Company Profile

BlackRock MuniVest Fund II (NYSE: MVT) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. Listed on the New York Stock Exchange, the fund primarily invests in a diversified portfolio of U.S. municipal obligations, including general obligation bonds, revenue bonds and variable rate instruments. As a municipally focused fund, it aims to capture tax-efficient yields while managing credit and duration risk.

The fund’s investment strategy emphasizes fundamental credit analysis and sector diversification across various issuers at the state, city and local levels.