Short Interest in Invesco Municipal Income Opportunities Trust (NYSE:OIA) Increases By 294.2%

Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) was the target of a large growth in short interest in 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. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 135,100 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of Invesco Municipal Income Opportunities Trust

A number of institutional investors have recently added to or reduced their stakes in OIA. Signaturefd LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust during the 4th quarter valued at approximately $29,000. Elequin Capital LP purchased a new stake in Invesco Municipal Income Opportunities Trust during the fourth quarter worth $41,000. Ameriflex Group Inc. purchased a new stake in Invesco Municipal Income Opportunities Trust during the fourth quarter worth $50,000. Cornerstone Wealth Management LLC acquired a new stake in Invesco Municipal Income Opportunities Trust in the fourth quarter valued at $65,000. Finally, Virtu Financial LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the third quarter valued at $72,000. Hedge funds and other institutional investors own 12.57% of the company's stock.

Invesco Municipal Income Opportunities Trust Trading Up 0.7 %

OIA stock traded up $0.04 on Friday, reaching $5.72. 62,583 shares of the company's stock were exchanged, compared to its average volume of 107,530. The stock has a fifty day moving average of $6.00 and a 200-day moving average of $6.25. 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 Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a $0.0291 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 6.10%.

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.