Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 35,600 shares, a drop of 69.0% from the March 31st total of 114,700 shares. Currently, 0.1% of the company's shares are sold short. Based on an average daily trading volume, of 135,600 shares, the short-interest ratio is presently 0.3 days.
Invesco Municipal Income Opportunities Trust Trading Up 1.6 %
OIA traded up $0.09 during trading on Friday, reaching $5.85. 160,504 shares of the company's stock were exchanged, compared to its average volume of 108,738. Invesco Municipal Income Opportunities Trust has a one year low of $5.43 and a one year high of $6.99. The firm has a fifty day moving average price of $5.95 and a two-hundred day moving average price of $6.20.
Invesco Municipal Income Opportunities Trust Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a $0.0291 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.35 dividend on an annualized basis and a yield of 5.97%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of OIA. Signaturefd LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the fourth quarter valued at about $29,000. Elequin Capital LP acquired a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter valued at approximately $41,000. Ameriflex Group Inc. acquired a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter valued at approximately $50,000. Cornerstone Wealth Management LLC bought a new position in Invesco Municipal Income Opportunities Trust during the 4th quarter worth approximately $65,000. Finally, Virtu Financial LLC acquired a new position in shares of Invesco Municipal Income Opportunities Trust in the 3rd quarter worth approximately $72,000. 12.57% of the stock is owned by institutional investors.
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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