Invesco Quality Municipal Income Trust (NYSE:IQI – Get Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 76,100 shares, a decrease of 35.7% from the May 31st total of 118,300 shares. Based on an average daily trading volume, of 126,700 shares, the short-interest ratio is currently 0.6 days.
Invesco Quality Municipal Income Trust Trading Down 0.4 %
Shares of NYSE IQI opened at $9.92 on Monday. The firm’s 50-day simple moving average is $9.67 and its 200 day simple moving average is $9.58. Invesco Quality Municipal Income Trust has a 12-month low of $8.05 and a 12-month high of $10.05.
Invesco Quality Municipal Income Trust Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Tuesday, June 18th were given a dividend of $0.0631 per share. The ex-dividend date of this dividend was Tuesday, June 18th. This is an increase from Invesco Quality Municipal Income Trust’s previous monthly dividend of $0.04. This represents a $0.76 dividend on an annualized basis and a yield of 7.63%.
Institutional Inflows and Outflows
Invesco Quality Municipal Income Trust Company Profile
Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.
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