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

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 5,358 shares, a growth of 179.8% from the December 31st total of 1,915 shares. Based on an average trading volume of 42,804 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 42,804 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On BlackRock MuniVest Fund II

A number of institutional investors and hedge funds have recently modified their holdings of MVT. Gridiron Partners LLC boosted its stake in shares of BlackRock MuniVest Fund II by 9,221.4% during 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. Advisors Asset Management Inc. raised its position in shares of BlackRock MuniVest Fund II by 28.5% during the second quarter. Advisors Asset Management Inc. now owns 446,113 shares of the financial services provider’s stock worth $4,604,000 after purchasing an additional 98,890 shares during the period. 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. Hennion & Walsh Asset Management Inc. boosted its position in shares of BlackRock MuniVest Fund II by 10.8% in the 3rd 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 period. Finally, M&T Bank Corp boosted its position in shares of BlackRock MuniVest Fund II by 238.0% in the 4th quarter. M&T Bank Corp now owns 39,942 shares of the financial services provider’s stock valued at $432,000 after purchasing an additional 28,126 shares during the period. Institutional investors and hedge funds own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Stock Up 0.8%

Shares of MVT opened at $10.83 on Thursday. The firm’s 50 day moving average is $10.72 and its 200-day moving average is $10.57. 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 firm also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 6th will be given a $0.054 dividend. The ex-dividend date is Friday, February 6th. This represents a c) annualized dividend and a yield of 6.0%.

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.