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

Invesco Municipal Income Opportunities Trust (NYSE:OIA) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 56,200 shares, a drop of 19.8% from the May 31st total of 70,100 shares. Based on an average daily volume of 87,800 shares, the days-to-cover ratio is presently 0.6 days.

Invesco Municipal Income Opportunities Trust Stock Performance

OIA stock opened at $6.35 on Friday. The firm has a 50 day simple moving average of $6.25 and a 200 day simple moving average of $6.34. 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 Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Tuesday, June 18th were issued a $0.0291 dividend. This represents a $0.35 annualized dividend and a dividend yield of 5.50%. The ex-dividend date of this dividend was Tuesday, June 18th.

Institutional Investors Weigh In On Invesco Municipal Income Opportunities Trust

Several large investors have recently made changes to their positions in the stock. Kestra Private Wealth Services LLC bought a new stake in Invesco Municipal Income Opportunities Trust in the 4th quarter valued at $67,000. Phoenix Wealth Advisors bought a new stake in Invesco Municipal Income Opportunities Trust in the 1st quarter valued at $80,000. Fortitude Advisory Group L.L.C. bought a new stake in Invesco Municipal Income Opportunities Trust in the 4th quarter valued at $86,000. Modera Wealth Management LLC bought a new stake in Invesco Municipal Income Opportunities Trust in the 3rd quarter valued at $92,000. Finally, Avantax Advisory Services Inc. bought a new stake in Invesco Municipal Income Opportunities Trust in the 1st quarter valued at $111,000. Institutional investors and hedge funds 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.