Invesco Municipal Opportunity Trust (NYSE:VMO) Short Interest Update

Invesco Municipal Opportunity Trust (NYSE:VMO - Get Free Report) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 149,500 shares, a decline of 35.0% from the March 31st total of 230,000 shares. Based on an average daily trading volume, of 141,000 shares, the short-interest ratio is currently 1.1 days.

Invesco Municipal Opportunity Trust Trading Up 0.3 %

Shares of NYSE VMO traded up $0.03 during trading on Friday, reaching $9.27. The company had a trading volume of 113,377 shares, compared to its average volume of 126,073. The company's fifty day moving average price is $9.56 and its 200-day moving average price is $9.26. Invesco Municipal Opportunity Trust has a 12 month low of $7.86 and a 12 month high of $9.80.

Invesco Municipal Opportunity Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be given a dividend of $0.0385 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.46 annualized dividend and a dividend yield of 4.98%.

Institutional Investors Weigh In On Invesco Municipal Opportunity Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. Janney Montgomery Scott LLC raised its stake in Invesco Municipal Opportunity Trust by 2.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 53,256 shares of the investment management company's stock worth $512,000 after buying an additional 1,282 shares during the period. Simon Quick Advisors LLC raised its stake in Invesco Municipal Opportunity Trust by 8.7% during the 4th quarter. Simon Quick Advisors LLC now owns 23,156 shares of the investment management company's stock worth $223,000 after buying an additional 1,847 shares during the period. Wellspring Financial Advisors LLC raised its stake in Invesco Municipal Opportunity Trust by 17.6% during the 4th quarter. Wellspring Financial Advisors LLC now owns 16,000 shares of the investment management company's stock worth $154,000 after buying an additional 2,400 shares during the period. CENTRAL TRUST Co acquired a new position in Invesco Municipal Opportunity Trust during the 1st quarter worth approximately $29,000. Finally, Financial Management Professionals Inc. acquired a new position in Invesco Municipal Opportunity Trust during the 1st quarter worth approximately $42,000. Institutional investors own 42.57% of the company's stock.

About Invesco Municipal Opportunity Trust

Invesco Municipal Opportunity 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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