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

BlackRock MuniVest Fund II, Inc. (NYSE:MVTGet Rating) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 6,100 shares, a decline of 7.6% from the August 15th total of 6,600 shares. Based on an average trading volume of 48,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of BlackRock MuniVest Fund II

Several institutional investors have recently added to or reduced their stakes in MVT. Ackerman Capital Advisors LLC boosted its stake in BlackRock MuniVest Fund II by 483.9% in the 4th quarter. Ackerman Capital Advisors LLC now owns 92,009 shares of the financial services provider’s stock valued at $1,458,000 after purchasing an additional 76,251 shares during the period. Rivernorth Capital Management LLC boosted its stake in BlackRock MuniVest Fund II by 83.5% in the 1st quarter. Rivernorth Capital Management LLC now owns 127,479 shares of the financial services provider’s stock valued at $1,646,000 after purchasing an additional 57,994 shares during the period. Invesco Ltd. lifted its position in shares of BlackRock MuniVest Fund II by 19.3% during the 1st quarter. Invesco Ltd. now owns 205,239 shares of the financial services provider’s stock valued at $2,650,000 after acquiring an additional 33,272 shares during the period. Robinson Capital Management LLC lifted its position in shares of BlackRock MuniVest Fund II by 12,672.0% during the 1st quarter. Robinson Capital Management LLC now owns 31,930 shares of the financial services provider’s stock valued at $413,000 after acquiring an additional 31,680 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of BlackRock MuniVest Fund II by 7.5% during the 1st quarter. Bank of America Corp DE now owns 411,904 shares of the financial services provider’s stock valued at $5,318,000 after acquiring an additional 28,724 shares during the period.

BlackRock MuniVest Fund II Price Performance

MVT stock opened at $10.53 on Tuesday. BlackRock MuniVest Fund II has a 1-year low of $10.50 and a 1-year high of $16.50. The business’s 50 day simple moving average is $11.55 and its 200 day simple moving average is $11.99.

BlackRock MuniVest Fund II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, October 3rd. Investors of record on Thursday, September 15th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $0.60 annualized dividend and a yield of 5.70%.

About BlackRock MuniVest Fund II

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BlackRock MuniVest Fund II, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in long-term municipal bonds exempt from federal income taxes. BlackRock MuniVest Fund II, Inc was formed on March 29, 1993 and is domiciled in United States.

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