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

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

BlackRock MuniVest Fund II Stock Up 0.7%

Shares of NYSE MVT traded up $0.08 during mid-day trading on Friday, hitting $10.88. The stock had a trading volume of 44,058 shares, compared to its average volume of 49,063. The business has a 50 day moving average price of $10.71 and a two-hundred day moving average price of $10.54. BlackRock MuniVest Fund II has a 1 year low of $9.71 and a 1 year 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. Stockholders of record on Friday, February 6th will be paid a dividend of $0.054 per share. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, February 6th.

Institutional Trading of BlackRock MuniVest Fund II

Several large investors have recently modified their holdings of MVT. Advisory Services Network LLC bought a new position in BlackRock MuniVest Fund II during the 3rd quarter valued at approximately $35,000. Nomura Holdings Inc. bought a new position in shares of BlackRock MuniVest Fund II during the second quarter valued at approximately $103,000. Jane Street Group LLC purchased a new stake in BlackRock MuniVest Fund II in the second quarter worth $118,000. Oppenheimer & Co. Inc. purchased a new stake in BlackRock MuniVest Fund II in the third quarter worth $143,000. Finally, Moors & Cabot Inc. boosted its holdings in BlackRock MuniVest Fund II by 5.7% in the second quarter. Moors & Cabot Inc. now owns 18,500 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 1,000 shares in the last quarter. 34.19% of the stock is owned by institutional investors.

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.