Short Interest in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Increases By 62.5%

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 8,707 shares, a growth of 62.5% from the January 15th total of 5,358 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 32,812 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 32,812 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

BlackRock MuniVest Fund II Stock Performance

Shares of NYSE:MVT remained flat at $10.95 during midday trading on Friday. 51,350 shares of the stock were exchanged, compared to its average volume of 31,985. The business has a 50 day moving average price of $10.78 and a 200 day moving average price of $10.64. BlackRock MuniVest Fund II has a one year low of $9.71 and a one year 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 paid a dividend of $0.054 per share. The ex-dividend date is Friday, February 6th. This represents a c) dividend on an annualized basis and a yield of 5.9%.

Institutional Investors Weigh In On BlackRock MuniVest Fund II

Several large investors have recently modified their holdings of MVT. Elyxium Wealth LLC bought a new position in shares of BlackRock MuniVest Fund II during the 4th quarter worth approximately $28,000. Advisory Services Network LLC acquired a new position in BlackRock MuniVest Fund II during the third quarter worth $35,000. Nomura Holdings Inc. bought a new position in shares of BlackRock MuniVest Fund II during the second quarter valued at $103,000. Jane Street Group LLC acquired a new stake in shares of BlackRock MuniVest Fund II in the 2nd quarter valued at $118,000. Finally, Kestra Private Wealth Services LLC acquired a new stake in shares of BlackRock MuniVest Fund II in the 4th quarter valued at $136,000. 34.19% of the stock is currently owned by institutional investors.

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.