Invesco Value Municipal Income Trust (NYSE:IIM) Short Interest Update

Invesco Value Municipal Income Trust (NYSE:IIM) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 155,800 shares, a growth of 38.1% from the August 15th total of 112,800 shares. Based on an average trading volume of 119,400 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of Invesco Value Municipal Income Trust

Large investors have recently bought and sold shares of the business. Robinson Capital Management LLC lifted its position in Invesco Value Municipal Income Trust by 226.8% during the 4th quarter. Robinson Capital Management LLC now owns 477,328 shares of the investment management company’s stock worth $5,590,000 after buying an additional 331,269 shares in the last quarter. UBS Group AG grew its stake in shares of Invesco Value Municipal Income Trust by 74.4% in the fourth quarter. UBS Group AG now owns 540,264 shares of the investment management company’s stock valued at $6,337,000 after buying an additional 230,549 shares in the last quarter. Weiss Asset Management LP acquired a new position in Invesco Value Municipal Income Trust during the fourth quarter worth $348,000. Gridiron Partners LLC bought a new stake in Invesco Value Municipal Income Trust during the fourth quarter worth $337,000. Finally, Wealth Quarterback LLC lifted its stake in Invesco Value Municipal Income Trust by 5.3% in the fourth quarter. Wealth Quarterback LLC now owns 52,480 shares of the investment management company’s stock valued at $616,000 after acquiring an additional 2,661 shares during the last quarter. 20.73% of the stock is owned by institutional investors.

Invesco Value Municipal Income Trust Trading Down 0.4 %

Shares of NYSE IIM traded down $0.05 during midday trading on Monday, reaching $12.94. 185,282 shares of the stock were exchanged, compared to its average volume of 125,281. Invesco Value Municipal Income Trust has a 12 month low of $9.94 and a 12 month high of $13.10. The business has a 50-day simple moving average of $12.63 and a two-hundred day simple moving average of $12.11.

Invesco Value Municipal Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th will be issued a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a dividend yield of 7.15%. The ex-dividend date is Tuesday, September 17th.

Invesco Value Municipal Income Trust Company Profile

Invesco Value 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 (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.