Invesco Municipal Income Opportunities Trust (NYSE:OIA) Short Interest Update

Invesco Municipal Income Opportunities Trust (NYSE:OIAGet Free Report) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 47,200 shares, a decrease of 16.0% from the June 15th total of 56,200 shares. Based on an average trading volume of 87,700 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco Municipal Income Opportunities Trust

A number of large investors have recently made changes to their positions in OIA. Modera Wealth Management LLC purchased a new position in Invesco Municipal Income Opportunities Trust in the third quarter worth approximately $92,000. B. Riley Wealth Advisors Inc. grew its position in Invesco Municipal Income Opportunities Trust by 24.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 19,557 shares of the investment management company’s stock worth $114,000 after acquiring an additional 3,900 shares during the period. Advisor Resource Council purchased a new position in Invesco Municipal Income Opportunities Trust in the fourth quarter worth approximately $439,000. Raymond James & Associates raised its stake in shares of Invesco Municipal Income Opportunities Trust by 29.2% in the fourth quarter. Raymond James & Associates now owns 91,826 shares of the investment management company’s stock valued at $583,000 after acquiring an additional 20,740 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of Invesco Municipal Income Opportunities Trust by 3.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 139,275 shares of the investment management company’s stock valued at $884,000 after acquiring an additional 4,441 shares in the last quarter. 12.57% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Municipal Income Opportunities Trust Price Performance

Shares of Invesco Municipal Income Opportunities Trust stock remained flat at $6.45 during mid-day trading on Friday. The company’s stock had a trading volume of 57,863 shares, compared to its average volume of 61,847. The company has a fifty day moving average price of $6.30 and a 200-day moving average price of $6.33. Invesco Municipal Income Opportunities Trust has a fifty-two week low of $4.93 and a fifty-two week high of $6.70.

Invesco Municipal Income Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 16th will be given a $0.0291 dividend. The ex-dividend date of this dividend is Tuesday, July 16th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.41%.

Invesco Municipal Income Opportunities Trust Company Profile

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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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