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

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 4,047 shares, a decline of 53.6% from the November 30th total of 8,721 shares. Based on an average trading volume of 43,556 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 43,556 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Gridiron Partners LLC grew its holdings in BlackRock MuniVest Fund II by 9,221.4% in the 3rd quarter. Gridiron Partners LLC now owns 2,244,314 shares of the financial services provider’s stock valued at $256,000 after buying an additional 2,220,237 shares in the last quarter. Pathstone Holdings LLC grew its stake in shares of BlackRock MuniVest Fund II by 0.7% in the third quarter. Pathstone Holdings LLC now owns 911,321 shares of the financial services provider’s stock valued at $9,687,000 after acquiring an additional 6,067 shares in the last quarter. Advisors Asset Management Inc. increased its position in BlackRock MuniVest Fund II by 22.1% during the third quarter. Advisors Asset Management Inc. now owns 544,764 shares of the financial services provider’s stock worth $5,791,000 after acquiring an additional 98,651 shares during the period. Karpus Management Inc. raised its stake in BlackRock MuniVest Fund II by 19.5% in the 2nd quarter. Karpus Management Inc. now owns 398,165 shares of the financial services provider’s stock worth $4,109,000 after purchasing an additional 65,037 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in 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. Institutional investors own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Trading Down 0.3%

Shares of NYSE MVT traded down $0.03 during trading on Friday, reaching $10.71. The company had a trading volume of 56,820 shares, compared to its average volume of 40,611. The business’s 50 day moving average price is $10.71 and its 200-day moving average price is $10.47. BlackRock MuniVest Fund II has a 52 week low of $9.71 and a 52 week high of $11.19.

BlackRock MuniVest Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be issued a $0.054 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Monday, December 22nd.

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.