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

Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 12,900 shares, a decline of 70.7% from the December 31st total of 44,100 shares. Based on an average daily trading volume, of 131,200 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp boosted its holdings in shares of Invesco Municipal Income Opportunities Trust by 10.0% in the 4th quarter. Van ECK Associates Corp now owns 217,955 shares of the investment management company's stock worth $1,286,000 after buying an additional 19,889 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Invesco Municipal Income Opportunities Trust by 32.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 91,432 shares of the investment management company's stock valued at $627,000 after acquiring an additional 22,308 shares during the period. Rockefeller Capital Management L.P. raised its stake in Invesco Municipal Income Opportunities Trust by 19.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company's stock valued at $439,000 after acquiring an additional 10,217 shares during the period. Sanctuary Advisors LLC bought a new stake in Invesco Municipal Income Opportunities Trust in the 2nd quarter valued at about $278,000. Finally, RFG Advisory LLC raised its stake in Invesco Municipal Income Opportunities Trust by 24.4% in the 4th quarter. RFG Advisory LLC now owns 40,859 shares of the investment management company's stock valued at $241,000 after acquiring an additional 8,027 shares during the period. 12.57% of the stock is owned by hedge funds and other institutional investors.

Invesco Municipal Income Opportunities Trust Price Performance

Shares of NYSE:OIA traded up $0.01 during midday trading on Friday, reaching $6.18. The company had a trading volume of 126,476 shares, compared to its average volume of 115,668. The company's 50 day moving average price is $6.17 and its 200 day moving average price is $6.45. Invesco Municipal Income Opportunities Trust has a 52-week low of $5.78 and a 52-week high of $6.99.

Invesco Municipal Income Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were issued a $0.0291 dividend. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.65%. The ex-dividend date of this dividend was Friday, January 17th.

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.