BlackRock Health Sciences Trust II (NYSE:BMEZ) Short Interest Update

BlackRock Health Sciences Trust II (NYSE:BMEZGet Rating) was the recipient of a significant growth in short interest during the month of December. As of December 30th, there was short interest totalling 25,900 shares, a growth of 56.0% from the December 15th total of 16,600 shares. Based on an average trading volume of 534,500 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of BlackRock Health Sciences Trust II

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Arlington Partners LLC acquired a new stake in shares of BlackRock Health Sciences Trust II during the fourth quarter worth about $46,000. Private Advisor Group LLC grew its position in shares of BlackRock Health Sciences Trust II by 22.5% in the 4th quarter. Private Advisor Group LLC now owns 21,001 shares of the company’s stock valued at $324,000 after buying an additional 3,853 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in BlackRock Health Sciences Trust II during the 3rd quarter worth $209,000. Jane Street Group LLC lifted its position in BlackRock Health Sciences Trust II by 28.4% in the third quarter. Jane Street Group LLC now owns 21,182 shares of the company’s stock valued at $316,000 after acquiring an additional 4,681 shares during the last quarter. Finally, Karpus Management Inc. lifted its holdings in shares of BlackRock Health Sciences Trust II by 1.3% in the 3rd quarter. Karpus Management Inc. now owns 112,892 shares of the company’s stock valued at $1,685,000 after purchasing an additional 1,415 shares during the last quarter.

BlackRock Health Sciences Trust II Stock Performance

BMEZ opened at 16.51 on Friday. The firm’s 50-day moving average price is 15.82 and its 200 day moving average price is 16.02. BlackRock Health Sciences Trust II has a twelve month low of 14.33 and a twelve month high of 22.49.

BlackRock Health Sciences Trust II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, January 31st. Shareholders of record on Friday, January 13th will be given a $0.145 dividend. The ex-dividend date of this dividend is Thursday, January 12th. This represents a $1.74 dividend on an annualized basis and a yield of 10.54%.

BlackRock Health Sciences Trust II Company Profile

(Get Rating)

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.

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