Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Short Interest Update

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 22,900 shares, a decline of 13.6% from the February 13th total of 26,500 shares. Based on an average daily trading volume, of 78,200 shares, the short-interest ratio is presently 0.3 days.

Invesco Pennsylvania Value Municipal Income Trust Stock Performance

Shares of VPV stock opened at $10.26 on Thursday. The firm has a fifty day moving average of $10.36 and a 200-day moving average of $10.78. Invesco Pennsylvania Value Municipal Income Trust has a 52-week low of $9.84 and a 52-week high of $11.41.

Invesco Pennsylvania Value Municipal Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a $0.0667 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.80 dividend on an annualized basis and a yield of 7.80%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the 3rd quarter worth approximately $113,000. Robinson Capital Management LLC bought a new stake in Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter valued at $1,743,000. Wolverine Asset Management LLC raised its stake in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% during the fourth quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock worth $196,000 after acquiring an additional 19,052 shares in the last quarter. Rivernorth Capital Management LLC lifted its holdings in shares of Invesco Pennsylvania Value Municipal Income Trust by 12.6% during the third quarter. Rivernorth Capital Management LLC now owns 534,737 shares of the financial services provider’s stock valued at $6,048,000 after acquiring an additional 59,736 shares during the period. Finally, CF Capital LLC acquired a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at $390,000.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

Invesco Pennsylvania 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.