Short Interest in Invesco Municipal Income Opportunities Trust (NYSE:OIA) Increases By 62.9%

Invesco Municipal Income Opportunities Trust (NYSE:OIA) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 107,000 shares, a growth of 62.9% from the September 15th total of 65,700 shares. Based on an average daily volume of 73,900 shares, the short-interest ratio is currently 1.4 days.

Invesco Municipal Income Opportunities Trust Stock Up 0.7 %

Shares of NYSE OIA traded up $0.05 during mid-day trading on Monday, reaching $6.88. The company had a trading volume of 163,093 shares, compared to its average volume of 84,604. Invesco Municipal Income Opportunities Trust has a one year low of $4.93 and a one year high of $6.99. The business’s 50-day simple moving average is $6.61 and its 200 day simple moving average is $6.42.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th will be given a $0.0291 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date is Wednesday, October 16th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Keudell Morrison Wealth Management bought a new position in Invesco Municipal Income Opportunities Trust in the second quarter valued at about $72,000. Phoenix Wealth Advisors bought a new position in Invesco Municipal Income Opportunities Trust in the first quarter valued at about $80,000. Creekside Partners bought a new position in Invesco Municipal Income Opportunities Trust in the second quarter valued at about $95,000. Avantax Advisory Services Inc. bought a new position in Invesco Municipal Income Opportunities Trust in the first quarter valued at about $111,000. Finally, Nomura Holdings Inc. bought a new position in Invesco Municipal Income Opportunities Trust in the fourth quarter valued at about $114,000. Institutional investors own 12.57% of the company’s stock.

About Invesco Municipal Income Opportunities Trust

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.