( ) saw a significant drop in short interest during the month of march. On March 31, there were 1,100 short shares, which is a 90.3% decrease from the total of 11,300 on March 15. The days-to-cover is currently 0 days based on an average trading of 41,400 share.
BlackRock MuniVest Fund II: Institutional investors weigh in
Recently, several institutional investors changed their MVT positions. U.S. Capital Wealth Advisors LLC bought a new stake of BlackRock MuniVest Fund I during the fourth quarter, worth $25,000 Belpointe Asset Management LLC purchased a new stake in BlackRock MuniVest Fund III during the fourth quarter. OLD Mission Capital LLC purchased a new share of BlackRock MuniVest Fund 2 during the fourth quarter. B. Riley Wealth Advisors Inc. purchased a new share of BlackRock MuniVest Fund 2 during the third quarter, valued at $132,000. The stock fell $0.06 at midday on Friday to $10.61. The average trading volume for the stock is 41,460 shares. The company has a simple moving-average of $10.71 for the last fifty days and $10.55 for its two hundred day moving average. BlackRock MuniVest Fund II's 12-month low is $9.51, and its 12-month high is $12.99.
BlackRock MuniVest Fund II Announces Dividend
Recently, the business announced that it would be paying a monthly dividend on May 1st. Dividends will be paid to shareholders who were in the books on Friday, 14th April. This dividend will be paid on Thursday, April 13. This is a $0.38 dividend with a 3.56% dividend yield.
BlackRock MuniVest II Fund
BlackRock MuniVest Fund II, Inc is a closed-end mutual fund investment trust. The investment objective of the company is to provide investors with as much current income that is exempt from federal taxes as possible, consistent with prudent investment management and its investment policies. Under normal market conditions, it invests in municipal bonds that are rated investment grade. It also invests in municipal bonds that have a maturity greater than 10 years.
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