BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Sees Large Decline in Short Interest

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 3,035 shares, a decrease of 65.1% from the January 29th total of 8,707 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 36,293 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 36,293 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of BlackRock MuniVest Fund II

Several large investors have recently bought and sold shares of the company. Moors & Cabot Inc. increased its stake in BlackRock MuniVest Fund II by 5.7% during the second quarter. Moors & Cabot Inc. now owns 18,500 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 1,000 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in BlackRock MuniVest Fund II by 1.0% during the second quarter. Rockefeller Capital Management L.P. now owns 96,592 shares of the financial services provider’s stock valued at $997,000 after purchasing an additional 1,002 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of BlackRock MuniVest Fund II by 28.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 446,113 shares of the financial services provider’s stock worth $4,604,000 after acquiring an additional 98,890 shares during the last quarter. Invesco Ltd. raised its holdings in BlackRock MuniVest Fund II by 7.4% during the 2nd quarter. Invesco Ltd. now owns 211,188 shares of the financial services provider’s stock worth $2,179,000 after buying an additional 14,602 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. lifted its position in shares of BlackRock MuniVest Fund II by 26.5% in the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 92,462 shares of the financial services provider’s stock valued at $954,000 after acquiring an additional 19,393 shares in the last quarter. Institutional investors and hedge funds own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Price Performance

Shares of MVT stock opened at $10.99 on Thursday. BlackRock MuniVest Fund II has a fifty-two week low of $9.71 and a fifty-two week high of $11.19. The stock’s 50-day simple moving average is $10.82 and its 200-day simple moving average is $10.69.

BlackRock MuniVest Fund II Dividend Announcement

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 dividend of $0.054 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a c) annualized dividend and a dividend yield of 5.9%.

About BlackRock MuniVest Fund II

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.