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

BlackRock MuniVest Fund, Inc. (NYSE:MVF) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 21,461 shares, a decline of 64.1% from the December 15th total of 59,824 shares. Based on an average daily volume of 190,626 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 190,626 shares, the days-to-cover ratio is presently 0.1 days.

BlackRock MuniVest Fund Stock Performance

Shares of BlackRock MuniVest Fund stock traded up $0.01 on Thursday, hitting $7.04. 126,023 shares of the company’s stock traded hands, compared to its average volume of 137,328. BlackRock MuniVest Fund has a 52-week low of $6.43 and a 52-week high of $7.37. The firm’s 50-day moving average is $6.92 and its 200 day moving average is $6.82.

BlackRock MuniVest Fund Dividend Announcement

The business 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 dividend of $0.036 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Friday, February 6th.

Institutional Investors Weigh In On BlackRock MuniVest Fund

A number of institutional investors have recently modified their holdings of MVF. Geneos Wealth Management Inc. lifted its position in shares of BlackRock MuniVest Fund by 88.1% during the second quarter. Geneos Wealth Management Inc. now owns 4,728 shares of the company’s stock worth $31,000 after purchasing an additional 2,215 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in BlackRock MuniVest Fund during the second quarter valued at approximately $33,000. Moody National Bank Trust Division bought a new position in BlackRock MuniVest Fund during the 4th quarter worth approximately $72,000. Permanent Capital Management LP bought a new position in BlackRock MuniVest Fund during the 4th quarter worth approximately $88,000. Finally, J.W. Cole Advisors Inc. acquired a new position in shares of BlackRock MuniVest Fund in the 2nd quarter worth approximately $94,000. Institutional investors and hedge funds own 48.16% of the company’s stock.

BlackRock MuniVest Fund Company Profile

BlackRock MuniVest Fund, Inc (NYSE: MVF) is an actively managed, closed-end investment company that seeks to provide current income exempt from federal income tax, with a secondary objective of capital appreciation. The Fund primarily invests in investment-grade municipal securities issued by U.S. states, territories, municipalities, agencies and authorities. By focusing on high-quality tax-exempt bonds, the fund aims to deliver a steady stream of federally tax-exempt distributions to its shareholders.

The fund’s portfolio typically includes bonds across a range of maturities and sectors, with an emphasis on intermediate to long-term durations.