Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 83,700 shares, a growth of 126.8% from the May 15th total of 36,900 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 142,200 shares, the short-interest ratio is currently 0.6 days.
Invesco Municipal Income Opportunities Trust Trading Down 0.4%
OIA stock traded down $0.02 during trading on Friday, hitting $5.69. The stock had a trading volume of 141,159 shares, compared to its average volume of 112,742. The company's 50-day moving average price is $5.76 and its two-hundred day moving average price is $5.99. Invesco Municipal Income Opportunities Trust has a twelve month low of $5.43 and a twelve month high of $6.99.
Invesco Municipal Income Opportunities Trust Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be given a dividend of $0.0291 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 6.14%. The ex-dividend date of this dividend is Tuesday, June 17th.
Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust
Several large investors have recently bought and sold shares of the stock. Signaturefd LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the 4th quarter worth approximately $29,000. Elequin Capital LP purchased a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter worth $41,000. Ameriflex Group Inc. purchased a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter worth $50,000. Austin Wealth Management LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust in the 1st quarter worth about $62,000. Finally, Entrewealth LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the 1st quarter valued at about $65,000. Institutional investors and hedge funds own 12.57% of the company's stock.
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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