Invesco Municipal Income Opportunities Trust (NYSE:OIA) Sees Large Increase in Short Interest

Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 29,100 shares, a growth of 140.5% from the February 28th total of 12,100 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 159,400 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Invesco Municipal Income Opportunities Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Wolverine Asset Management LLC acquired a new position in shares of Invesco Municipal Income Opportunities Trust in the 4th quarter worth approximately $396,000. Avantax Advisory Services Inc. boosted its holdings in Invesco Municipal Income Opportunities Trust by 27.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 72,817 shares of the investment management company's stock worth $430,000 after buying an additional 15,587 shares in the last quarter. AlphaStar Capital Management LLC acquired a new position in Invesco Municipal Income Opportunities Trust in the fourth quarter worth approximately $83,000. Van ECK Associates Corp increased its holdings in shares of Invesco Municipal Income Opportunities Trust by 10.0% in the fourth quarter. Van ECK Associates Corp now owns 217,955 shares of the investment management company's stock valued at $1,286,000 after buying an additional 19,889 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Invesco Municipal Income Opportunities Trust by 33.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 265,083 shares of the investment management company's stock valued at $1,564,000 after acquiring an additional 65,856 shares during the last quarter. 12.57% of the stock is currently owned by institutional investors.

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Invesco Municipal Income Opportunities Trust Stock Up 1.7 %

Shares of OIA stock traded up $0.10 during mid-day trading on Tuesday, hitting $6.12. 73,760 shares of the stock traded hands, compared to its average volume of 102,802. Invesco Municipal Income Opportunities Trust has a twelve month low of $5.78 and a twelve month high of $6.99. The company's 50-day simple moving average is $6.10 and its 200-day simple moving average is $6.34.

Invesco Municipal Income Opportunities Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.0291 per share. This represents a $0.35 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date of this dividend is Wednesday, April 16th.

Invesco Municipal Income Opportunities Trust Company Profile

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.