Invesco Municipal Income Opportunities Trust (NYSE:OIA) Short Interest Update

Invesco Municipal Income Opportunities Trust (NYSE:OIA) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totalling 39,900 shares, a drop of 25.8% from the August 15th total of 53,800 shares. Based on an average daily volume of 73,200 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Invesco Municipal Income Opportunities Trust

A number of hedge funds and other institutional investors have recently modified their holdings of OIA. RFG Advisory LLC raised its stake in shares of Invesco Municipal Income Opportunities Trust by 11.9% during the second quarter. RFG Advisory LLC now owns 26,586 shares of the investment management company’s stock worth $169,000 after buying an additional 2,829 shares during the last quarter. Truist Financial Corp raised its position in shares of Invesco Municipal Income Opportunities Trust by 32.7% during the 4th quarter. Truist Financial Corp now owns 18,250 shares of the investment management company’s stock valued at $116,000 after acquiring an additional 4,500 shares during the last quarter. Keudell Morrison Wealth Management acquired a new position in shares of Invesco Municipal Income Opportunities Trust in the 2nd quarter valued at $72,000. Phoenix Wealth Advisors bought a new position in shares of Invesco Municipal Income Opportunities Trust in the 1st quarter worth $80,000. Finally, Creekside Partners acquired a new stake in shares of Invesco Municipal Income Opportunities Trust during the second quarter worth $95,000. Institutional investors and hedge funds own 12.57% of the company’s stock.

Invesco Municipal Income Opportunities Trust Price Performance

Invesco Municipal Income Opportunities Trust stock opened at $6.65 on Friday. The business’s fifty day moving average is $6.47 and its two-hundred day moving average is $6.37. Invesco Municipal Income Opportunities Trust has a 52 week low of $4.93 and a 52 week high of $6.70.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th will be given a dividend of $0.0291 per share. The ex-dividend date is Tuesday, September 17th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.25%.

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.