Short Interest in Invesco Value Municipal Income Trust (NYSE:IIM) Declines By 85.2%

Invesco Value Municipal Income Trust (NYSE:IIM) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 9,700 shares, a decline of 85.2% from the December 31st total of 65,400 shares. Based on an average daily volume of 173,500 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Value Municipal Income Trust Trading Down 0.0 %

Shares of NYSE IIM traded down $0.01 during mid-day trading on Wednesday, reaching $11.96. The company had a trading volume of 204,709 shares, compared to its average volume of 168,967. The firm has a 50 day simple moving average of $12.14 and a two-hundred day simple moving average of $12.45. Invesco Value Municipal Income Trust has a 52-week low of $11.28 and a 52-week high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a dividend yield of 7.74%. The ex-dividend date is Friday, January 17th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IIM. Wealth Quarterback LLC lifted its holdings in shares of Invesco Value Municipal Income Trust by 1.7% during the third quarter. Wealth Quarterback LLC now owns 54,030 shares of the investment management company’s stock worth $696,000 after purchasing an additional 894 shares during the period. Larson Financial Group LLC lifted its stake in shares of Invesco Value Municipal Income Trust by 233.3% in the 3rd quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock worth $26,000 after acquiring an additional 1,400 shares during the period. Catalina Capital Group LLC boosted its holdings in shares of Invesco Value Municipal Income Trust by 8.9% in the fourth quarter. Catalina Capital Group LLC now owns 22,641 shares of the investment management company’s stock valued at $269,000 after acquiring an additional 1,857 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Invesco Value Municipal Income Trust by 1.6% during the third quarter. Rockefeller Capital Management L.P. now owns 132,159 shares of the investment management company’s stock worth $1,702,000 after acquiring an additional 2,120 shares during the period. Finally, Signaturefd LLC increased its stake in shares of Invesco Value Municipal Income Trust by 1,156.7% during the third quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock worth $33,000 after acquiring an additional 2,325 shares during the period. Institutional investors and hedge funds own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Company Profile

Invesco Value Municipal Income 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 (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.