Invesco Municipal Income Opportunities Trust (NYSE:OIA) Short Interest Up 294.2% in March

Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 114,700 shares, a growth of 294.2% from the March 15th total of 29,100 shares. Based on an average daily volume of 135,100 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are sold short.

Invesco Municipal Income Opportunities Trust Price Performance

Shares of NYSE OIA traded up $0.04 during midday trading on Friday, hitting $5.72. 62,583 shares of the company's stock traded hands, compared to its average volume of 107,895. The firm has a fifty day moving average of $5.99 and a 200 day moving average of $6.23. Invesco Municipal Income Opportunities Trust has a 1 year low of $5.43 and a 1 year high of $6.99.

Invesco Municipal Income Opportunities Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th 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 6.10%. The ex-dividend date of this dividend is Wednesday, April 16th.

Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust

Several institutional investors and hedge funds have recently bought and sold shares of OIA. Virtu Financial LLC bought a new position in Invesco Municipal Income Opportunities Trust in the 3rd quarter worth $72,000. Janney Montgomery Scott LLC bought a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter valued at approximately $111,000. Cornerstone Wealth Management LLC purchased a new position in Invesco Municipal Income Opportunities Trust in the 4th quarter worth approximately $65,000. RFG Advisory LLC grew its holdings in Invesco Municipal Income Opportunities Trust by 24.4% during the 4th quarter. RFG Advisory LLC now owns 40,859 shares of the investment management company's stock valued at $241,000 after buying an additional 8,027 shares in the last quarter. Finally, AlphaStar Capital Management LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter valued at approximately $83,000. 12.57% of the stock is currently owned by hedge funds and other institutional investors.

About Invesco Municipal Income Opportunities Trust

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.