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

BlackRock Health Sciences Trust II (NYSE:BMEZGet Rating) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 18,800 shares, a growth of 176.5% from the April 30th total of 6,800 shares. Based on an average daily trading volume, of 385,000 shares, the short-interest ratio is presently 0.0 days.

Several institutional investors and hedge funds have recently added to or reduced their stakes in BMEZ. Moors & Cabot Inc. grew its position in BlackRock Health Sciences Trust II by 6.8% in the third quarter. Moors & Cabot Inc. now owns 8,897 shares of the company’s stock worth $240,000 after acquiring an additional 563 shares in the last quarter. Element Pointe Advisors LLC grew its position in BlackRock Health Sciences Trust II by 2.9% in the fourth quarter. Element Pointe Advisors LLC now owns 29,833 shares of the company’s stock worth $757,000 after acquiring an additional 833 shares in the last quarter. Commonwealth Equity Services LLC grew its position in BlackRock Health Sciences Trust II by 2.3% in the first quarter. Commonwealth Equity Services LLC now owns 52,979 shares of the company’s stock worth $1,062,000 after acquiring an additional 1,171 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its position in BlackRock Health Sciences Trust II by 40.7% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 4,455 shares of the company’s stock worth $113,000 after acquiring an additional 1,288 shares in the last quarter. Finally, First Trust Advisors LP grew its position in BlackRock Health Sciences Trust II by 2.0% in the fourth quarter. First Trust Advisors LP now owns 80,020 shares of the company’s stock worth $2,029,000 after acquiring an additional 1,532 shares in the last quarter.

BMEZ opened at 16.34 on Friday. The firm’s fifty day moving average price is 18.15. BlackRock Health Sciences Trust II has a one year low of 14.96 and a one year high of 29.99.

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Monday, May 16th will be given a dividend of $0.145 per share. The ex-dividend date of this dividend is Friday, May 13th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 10.65%.

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