Invesco Municipal Opportunity Trust (NYSE:VMO) Short Interest Update

Invesco Municipal Opportunity Trust (NYSE:VMO) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 36,400 shares, a decrease of 66.0% from the October 31st total of 107,000 shares. Based on an average daily volume of 236,400 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in Invesco Municipal Opportunity Trust during the second quarter worth approximately $45,000. Encompass More Asset Management acquired a new position in shares of Invesco Municipal Opportunity Trust in the 3rd quarter valued at $133,000. Choreo LLC acquired a new stake in Invesco Municipal Opportunity Trust during the 2nd quarter worth $139,000. Blue Bell Private Wealth Management LLC lifted its position in Invesco Municipal Opportunity Trust by 7.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 14,601 shares of the investment management company’s stock valued at $147,000 after acquiring an additional 1,042 shares during the last quarter. Finally, Kercheville Advisors LLC boosted its stake in Invesco Municipal Opportunity Trust by 15.3% in the third quarter. Kercheville Advisors LLC now owns 15,067 shares of the investment management company’s stock valued at $155,000 after acquiring an additional 2,000 shares in the last quarter. 42.57% of the stock is owned by institutional investors and hedge funds.

Invesco Municipal Opportunity Trust Stock Performance

VMO stock traded up $0.11 during midday trading on Wednesday, hitting $10.07. The company’s stock had a trading volume of 351,363 shares, compared to its average volume of 216,323. Invesco Municipal Opportunity Trust has a 52-week low of $8.99 and a 52-week high of $10.39. The firm has a 50-day simple moving average of $10.04 and a 200-day simple moving average of $10.01.

Invesco Municipal Opportunity Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.0625 dividend. This represents a $0.75 annualized dividend and a yield of 7.45%. The ex-dividend date is Friday, November 15th.

Invesco Municipal Opportunity Trust Company Profile

Invesco Municipal Opportunity 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.