Trading volume for Blackrock Munivest Fund II was 67K in the last trading session. Trading volume was up 128.51% over the stocks average daily volume.
Traders are feeling more bearish on shares of the company as evidenced by the uptick in short interest. The stock had a rise in short interest between October 13, 2017 and October 31, 2017 of 54.66%. Short interest increased 2,169 over that timeframe. With short interest at 6,137 and short average daily volume at 24,933, days to cover is 0.0 and the percentage of shorted shares is 0.00% as of October 31.
These firms have modified their investment in MVT. As of the end of the quarter Northwestern Mutual Wealth Management CO had acquired a total of 7,094 shares growing its position 202.7%. The value in dollars increased from $55,000 to $164,000 a change of 198.2% for the reporting period. Sigma Planning Corp bolstered its ownership by buying 158 shares an increase of 1.1% as of 09/30/2017. Sigma Planning Corp now controls 14,448 shares worth $224,000. The total value of its holdings decreased 0.0%.
Van Eck Associates Corp expanded its stake by buying 2,889 shares an increase of 8.3%. Van Eck Associates Corp owns 37,601 shares with a value of $582,000. The value of the position overall is up by 6.8%. Fiduciary Financial Services Of The Southwest Inc /tx reduced its position by selling 955 shares a decrease of 1.6% from 06/30/2017 to 09/30/2017. Fiduciary Financial Services Of The Southwest Inc /tx claims 59,112 shares valued at $915,000. The value of the position overall is down by 2.9%.
The company is trading up since yesterday’s close of 15.61. The P/E ratio is currently N/A and market cap is 331.10M.
BlackRock MuniVest Fund II, Inc. (the Fund) is a non-diversified, closed-end management investment company. It seeks to provide shareholders with a high level of current income exempt from federal income taxes. The Fund invests primarily in a portfolio of long-term, investment grade municipal obligations, the interest on which is exempt from federal income taxes..