Invesco Quality Municipal Income Trust (NYSE:IQI) Short Interest Update

Invesco Quality Municipal Income Trust (NYSE:IQI) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 72,900 shares, a decline of 46.2% from the January 31st total of 135,600 shares. Based on an average trading volume of 193,000 shares, the short-interest ratio is currently 0.4 days.

Invesco Quality Municipal Income Trust Stock Performance

Invesco Quality Municipal Income Trust stock traded up $0.02 during midday trading on Friday, reaching $10.07. 176,619 shares of the stock were exchanged, compared to its average volume of 174,185. Invesco Quality Municipal Income Trust has a 52 week low of $9.23 and a 52 week high of $10.53. The company’s fifty day moving average is $9.88 and its 200-day moving average is $10.07.

Invesco Quality Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were issued a $0.0631 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.76 annualized dividend and a dividend yield of 7.52%.

Institutional Investors Weigh In On Invesco Quality Municipal Income Trust

Several large investors have recently added to or reduced their stakes in IQI. Signaturefd LLC purchased a new stake in shares of Invesco Quality Municipal Income Trust in the 4th quarter valued at about $43,000. US Bancorp DE bought a new position in shares of Invesco Quality Municipal Income Trust in the third quarter worth approximately $45,000. Fortitude Advisory Group L.L.C. purchased a new stake in Invesco Quality Municipal Income Trust in the fourth quarter valued at approximately $101,000. Atala Financial Inc bought a new stake in Invesco Quality Municipal Income Trust during the fourth quarter valued at approximately $101,000. Finally, Worth Asset Management LLC purchased a new position in shares of Invesco Quality Municipal Income Trust in the 4th quarter worth about $102,000.

Invesco Quality Municipal Income Trust Company Profile

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.