Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Up 66.0% in January

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 79,200 shares, a growth of 66.0% from the January 15th total of 47,700 shares. Based on an average trading volume of 160,800 shares, the short-interest ratio is presently 0.5 days.

Invesco Advantage Municipal Income Trust II Trading Up 0.6 %

Shares of Invesco Advantage Municipal Income Trust II stock traded up $0.05 during trading on Friday, reaching $8.99. 157,062 shares of the company traded hands, compared to its average volume of 137,576. Invesco Advantage Municipal Income Trust II has a 1-year low of $8.14 and a 1-year high of $9.42.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.0559 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.67 dividend on an annualized basis and a yield of 7.46%.

Institutional Trading of Invesco Advantage Municipal Income Trust II

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Stifel Financial Corp grew its stake in shares of Invesco Advantage Municipal Income Trust II by 58.4% in the 3rd quarter. Stifel Financial Corp now owns 154,291 shares of the financial services provider’s stock worth $1,436,000 after acquiring an additional 56,874 shares in the last quarter. Indiana Trust & Investment Management Co grew its stake in shares of Invesco Advantage Municipal Income Trust II by 1.2% in the 3rd quarter. Indiana Trust & Investment Management Co now owns 121,091 shares of the financial services provider’s stock worth $1,127,000 after acquiring an additional 1,475 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of Invesco Advantage Municipal Income Trust II by 232.4% in the 3rd quarter. Larson Financial Group LLC now owns 11,300 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 7,900 shares in the last quarter. FSA Wealth Management LLC bought a new stake in shares of Invesco Advantage Municipal Income Trust II in the 3rd quarter worth $28,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Invesco Advantage Municipal Income Trust II in the 3rd quarter worth $93,000. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Company Profile

Invesco Advantage Municipal Income Trust II 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.