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

BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 6,800 shares, a decrease of 72.9% from the May 15th total of 25,100 shares. Based on an average daily volume of 61,500 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Hedge Funds Weigh In On BlackRock MuniVest Fund II

Several hedge funds have recently bought and sold shares of the company. Wolverine Asset Management LLC boosted its holdings in BlackRock MuniVest Fund II by 573.8% during the 4th quarter. Wolverine Asset Management LLC now owns 11,063 shares of the financial services provider's stock valued at $117,000 after acquiring an additional 9,421 shares during the period. Landscape Capital Management L.L.C. purchased a new position in BlackRock MuniVest Fund II during the 4th quarter valued at about $119,000. Avior Wealth Management LLC boosted its holdings in BlackRock MuniVest Fund II by 8.5% during the 1st quarter. Avior Wealth Management LLC now owns 14,056 shares of the financial services provider's stock valued at $149,000 after acquiring an additional 1,097 shares during the period. Plancorp LLC purchased a new position in BlackRock MuniVest Fund II during the 1st quarter valued at about $211,000. Finally, Freestone Capital Holdings LLC boosted its holdings in BlackRock MuniVest Fund II by 13.0% during the 4th quarter. Freestone Capital Holdings LLC now owns 22,600 shares of the financial services provider's stock valued at $238,000 after acquiring an additional 2,600 shares during the period. Institutional investors and hedge funds own 34.19% of the company's stock.

BlackRock MuniVest Fund II Stock Performance

Shares of BlackRock MuniVest Fund II stock traded down $0.01 during trading hours on Monday, hitting $10.14. The company's stock had a trading volume of 16,650 shares, compared to its average volume of 58,251. BlackRock MuniVest Fund II has a twelve month low of $9.71 and a twelve month high of $11.97. The firm has a fifty day moving average of $10.15 and a 200-day moving average of $10.52.

BlackRock MuniVest Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be paid a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 6.39%. The ex-dividend date of this dividend is Friday, June 13th.

BlackRock MuniVest Fund II Company Profile

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.