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

Invesco Value Municipal Income Trust (NYSE:IIM) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 9,700 shares, a decrease of 85.2% from the December 15th total of 65,400 shares. Based on an average daily trading volume, of 173,500 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco Value Municipal Income Trust

Institutional investors have recently modified their holdings of the business. Larson Financial Group LLC boosted its stake in Invesco Value Municipal Income Trust by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 1,400 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Invesco Value Municipal Income Trust by 1,156.7% in the 3rd quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock worth $33,000 after buying an additional 2,325 shares during the last quarter. Wedbush Securities Inc. lifted its stake in Invesco Value Municipal Income Trust by 17.7% in the second quarter. Wedbush Securities Inc. now owns 13,279 shares of the investment management company’s stock valued at $164,000 after purchasing an additional 2,000 shares during the last quarter. Quarry LP grew its stake in shares of Invesco Value Municipal Income Trust by 160.1% during the 2nd quarter. Quarry LP now owns 43,700 shares of the investment management company’s stock worth $539,000 after acquiring an additional 26,900 shares during the period. Finally, Wagner Wealth Management LLC lifted its stake in shares of Invesco Value Municipal Income Trust by 27.2% during the 3rd quarter. Wagner Wealth Management LLC now owns 48,662 shares of the investment management company’s stock valued at $627,000 after buying an additional 10,397 shares in the last quarter. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Down 0.7 %

Shares of IIM stock traded down $0.08 on Monday, hitting $11.84. 101,260 shares of the stock were exchanged, compared to its average volume of 147,251. The business has a 50-day moving average of $12.25 and a 200 day moving average of $12.50. Invesco Value Municipal Income Trust has a fifty-two week low of $11.28 and a fifty-two week high of $13.10.

Invesco Value Municipal Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a $0.0771 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.93 annualized dividend and a yield of 7.81%.

About Invesco Value Municipal Income Trust

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.