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

Invesco Value Municipal Income Trust (NYSE:IIM) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 84,200 shares, a growth of 211.9% from the January 31st total of 27,000 shares. Based on an average daily trading volume, of 180,400 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco Value Municipal Income Trust

Institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC boosted its stake in shares of Invesco Value Municipal Income Trust by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock valued at $26,000 after buying an additional 1,400 shares during the period. Allworth Financial LP raised its holdings in shares of Invesco Value Municipal Income Trust by 310.0% during the 4th quarter. Allworth Financial LP now owns 2,255 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 1,705 shares in the last quarter. Curio Wealth LLC bought a new position in shares of Invesco Value Municipal Income Trust during the 4th quarter valued at $32,000. Signaturefd LLC raised its holdings in shares of Invesco Value Municipal Income Trust by 1,156.7% during the 3rd quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock valued at $33,000 after purchasing an additional 2,325 shares in the last quarter. Finally, Harbour Investments Inc. bought a new position in shares of Invesco Value Municipal Income Trust during the 4th quarter valued at $48,000. Institutional investors and hedge funds own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Trading Up 0.2 %

Shares of NYSE:IIM traded up $0.03 during trading on Friday, reaching $12.47. 227,738 shares of the company traded hands, compared to its average volume of 167,155. The firm has a fifty day simple moving average of $12.09 and a 200 day simple moving average of $12.42. Invesco Value Municipal Income Trust has a 1-year low of $11.28 and a 1-year high of $13.10.

Invesco Value Municipal Income Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.0771 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date of this dividend was Tuesday, February 18th.

About Invesco Value Municipal Income Trust

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.