Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 35,600 shares, a decline of 69.0% from the March 31st total of 114,700 shares. Based on an average trading volume of 135,600 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.
Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust
Large investors have recently modified their holdings of the business. NewEdge Advisors LLC increased its holdings in Invesco Municipal Income Opportunities Trust by 3.8% in the fourth quarter. NewEdge Advisors LLC now owns 48,552 shares of the investment management company's stock valued at $286,000 after purchasing an additional 1,769 shares during the period. Signaturefd LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust in the 4th quarter valued at about $29,000. Elequin Capital LP acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the fourth quarter valued at about $41,000. Ameriflex Group Inc. bought a new position in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter worth about $50,000. Finally, RFG Advisory LLC lifted its stake in shares of Invesco Municipal Income Opportunities Trust by 24.4% in the fourth quarter. RFG Advisory LLC now owns 40,859 shares of the investment management company's stock worth $241,000 after acquiring an additional 8,027 shares during the period. Institutional investors own 12.57% of the company's stock.
Invesco Municipal Income Opportunities Trust Stock Performance
Shares of NYSE:OIA traded up $0.01 during midday trading on Wednesday, hitting $5.83. 41,037 shares of the stock were exchanged, compared to its average volume of 109,150. The business's 50-day moving average price is $5.94 and its 200 day moving average price is $6.18. Invesco Municipal Income Opportunities Trust has a 12 month low of $5.43 and a 12 month high of $6.99.
Invesco Municipal Income Opportunities Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.0291 dividend. This represents a $0.35 annualized dividend and a yield of 5.99%. The ex-dividend date is Wednesday, April 16th.
Invesco Municipal Income Opportunities Trust Company Profile
(
Get Free Report)
Invesco Municipal Income Opportunities Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.
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