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

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 8,200 shares, a decline of 37.9% from the March 15th total of 13,200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 48,300 shares, the short-interest ratio is presently 0.2 days.

BlackRock MuniVest Fund II Stock Up 0.2 %

MVT traded up $0.03 during trading hours on Thursday, hitting $10.13. The company’s stock had a trading volume of 33,089 shares, compared to its average volume of 53,990. The company has a 50-day simple moving average of $10.61 and a 200 day simple moving average of $10.82. BlackRock MuniVest Fund II has a fifty-two week low of $9.80 and a fifty-two week high of $11.97.

BlackRock MuniVest Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date is Tuesday, April 15th.

Hedge Funds Weigh In On BlackRock MuniVest Fund II

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of BlackRock MuniVest Fund II in the 1st quarter worth approximately $1,597,000. Pathstone Holdings LLC raised its holdings in BlackRock MuniVest Fund II by 42.2% during the fourth quarter. Pathstone Holdings LLC now owns 740,813 shares of the financial services provider’s stock worth $7,834,000 after purchasing an additional 220,006 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in BlackRock MuniVest Fund II in the fourth quarter worth approximately $309,000. Logan Stone Capital LLC boosted its stake in BlackRock MuniVest Fund II by 67.1% during the 4th quarter. Logan Stone Capital LLC now owns 258,989 shares of the financial services provider’s stock valued at $2,732,000 after purchasing an additional 103,996 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of BlackRock MuniVest Fund II by 5.8% during the 4th quarter. Ameriprise Financial Inc. now owns 93,638 shares of the financial services provider’s stock valued at $988,000 after purchasing an additional 5,159 shares during the period. 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.