Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Short Interest Update

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV - Get Free Report) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 40,600 shares, a growth of 56.2% from the May 15th total of 26,000 shares. Based on an average trading volume of 45,700 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the company's shares are short sold.

Institutional Investors Weigh In On Invesco Pennsylvania Value Municipal Income Trust

A number of institutional investors and hedge funds have recently made changes to their positions in VPV. Robinson Capital Management LLC purchased a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at approximately $1,743,000. Wolverine Asset Management LLC increased its stake in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% during the 4th quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider's stock worth $196,000 after buying an additional 19,052 shares during the period. Raymond James Financial Inc. purchased a new stake in Invesco Pennsylvania Value Municipal Income Trust during the 4th quarter worth approximately $298,000. Avantax Advisory Services Inc. purchased a new stake in Invesco Pennsylvania Value Municipal Income Trust during the 4th quarter worth approximately $261,000. Finally, LPL Financial LLC increased its stake in Invesco Pennsylvania Value Municipal Income Trust by 5.0% during the 4th quarter. LPL Financial LLC now owns 38,626 shares of the financial services provider's stock worth $397,000 after buying an additional 1,826 shares during the period.

Invesco Pennsylvania Value Municipal Income Trust Price Performance

Shares of Invesco Pennsylvania Value Municipal Income Trust stock traded down $0.02 on Friday, reaching $9.88. The company had a trading volume of 26,668 shares, compared to its average volume of 51,471. The firm's 50 day moving average price is $9.85 and its two-hundred day moving average price is $10.23. Invesco Pennsylvania Value Municipal Income Trust has a 52-week low of $9.50 and a 52-week high of $11.41.

Invesco Pennsylvania Value Municipal Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be paid a $0.0667 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.10%. The ex-dividend date of this dividend is Tuesday, June 17th.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

Invesco Pennsylvania Value Municipal Income 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 (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.

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