Invesco Municipal Income Opportunities Trust (NYSE:OIA) Sees Large Increase in Short Interest

Invesco Municipal Income Opportunities Trust (NYSE:OIA) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 29,100 shares, an increase of 140.5% from the February 28th total of 12,100 shares. Based on an average daily trading volume, of 159,400 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Invesco Municipal Income Opportunities Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Signaturefd LLC acquired a new position in Invesco Municipal Income Opportunities Trust during the 4th quarter worth about $29,000. Elequin Capital LP purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the 4th quarter valued at about $41,000. Ameriflex Group Inc. acquired a new position in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter worth about $50,000. Virtu Financial LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the third quarter worth approximately $72,000. Finally, Cornerstone Wealth Management LLC acquired a new stake in Invesco Municipal Income Opportunities Trust in the fourth quarter valued at approximately $65,000. Institutional investors and hedge funds own 12.57% of the company’s stock.

Invesco Municipal Income Opportunities Trust Trading Up 0.1 %

Shares of NYSE OIA opened at $6.03 on Friday. Invesco Municipal Income Opportunities Trust has a 52 week low of $5.78 and a 52 week high of $6.99. The firm has a 50-day simple moving average of $6.10 and a 200-day simple moving average of $6.35.

Invesco Municipal Income Opportunities Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a dividend of $0.0291 per share. This represents a $0.35 annualized dividend and a yield of 5.80%. The ex-dividend date of this dividend is Wednesday, April 16th.

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.