Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 70,100 shares, a decrease of 27.1% from the April 15th total of 96,100 shares. Based on an average trading volume of 87,400 shares, the short-interest ratio is presently 0.8 days.
Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC acquired a new position in Invesco Municipal Income Opportunities Trust during the 4th quarter worth approximately $67,000. Phoenix Wealth Advisors acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the 1st quarter worth approximately $80,000. Fortitude Advisory Group L.L.C. acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the 4th quarter worth approximately $86,000. Modera Wealth Management LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the 3rd quarter worth approximately $92,000. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the 1st quarter worth approximately $111,000. Institutional investors and hedge funds own 12.57% of the company's stock.
Invesco Municipal Income Opportunities Trust Stock Down 0.9 %
OIA traded down $0.06 on Friday, hitting $6.26. 97,881 shares of the company traded hands, compared to its average volume of 110,051. The company has a 50 day moving average of $6.34 and a 200-day moving average of $6.22. Invesco Municipal Income Opportunities Trust has a 12-month low of $4.93 and a 12-month high of $6.70.
Invesco Municipal Income Opportunities Trust Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 16th will be paid a dividend of $0.0291 per share. This represents a $0.35 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend is Wednesday, May 15th.
About Invesco Municipal Income Opportunities Trust
(
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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