Invesco Municipal Income Opportunities Trust (NYSE:OIA) Short Interest Down 26.2% in October

Invesco Municipal Income Opportunities Trust (NYSE:OIA) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 85,900 shares, a decrease of 26.2% from the October 15th total of 116,400 shares. Based on an average daily volume of 76,000 shares, the short-interest ratio is currently 1.1 days.

Invesco Municipal Income Opportunities Trust Stock Up 0.8 %

OIA stock traded up $0.05 during trading on Thursday, hitting $6.65. 26,103 shares of the company’s stock traded hands, compared to its average volume of 83,309. Invesco Municipal Income Opportunities Trust has a 52 week low of $5.72 and a 52 week high of $6.99. The stock has a fifty day moving average price of $6.70 and a two-hundred day moving average price of $6.48.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.0291 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.35 annualized dividend and a dividend yield of 5.25%.

Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust

A number of hedge funds have recently modified their holdings of OIA. Keudell Morrison Wealth Management bought a new position in Invesco Municipal Income Opportunities Trust in the 2nd quarter worth approximately $72,000. Creekside Partners bought a new position in shares of Invesco Municipal Income Opportunities Trust in the second quarter valued at approximately $95,000. Avantax Advisory Services Inc. bought a new stake in Invesco Municipal Income Opportunities Trust during the 1st quarter worth about $111,000. Wolverine Asset Management LLC acquired a new position in Invesco Municipal Income Opportunities Trust during the 2nd quarter worth $119,000. Finally, Horizon Kinetics Asset Management LLC bought a new position in shares of Invesco Municipal Income Opportunities Trust in the 3rd quarter valued at about $137,000. 12.57% of the stock is currently owned by institutional investors and hedge funds.

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.