Invesco Municipal Trust (NYSE:VKQ) Short Interest Update

Invesco Municipal Trust (NYSE:VKQ) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 77,000 shares, a decrease of 23.0% from the January 15th total of 100,000 shares. Based on an average daily volume of 154,500 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC bought a new position in Invesco Municipal Trust during the 3rd quarter worth about $429,000. Community Bank N.A. raised its position in shares of Invesco Municipal Trust by 100.0% in the 3rd quarter. Community Bank N.A. now owns 4,000 shares of the investment management company’s stock valued at $41,000 after purchasing an additional 2,000 shares during the last quarter. Madison Park Capital Advisors LLC raised its position in shares of Invesco Municipal Trust by 19.1% in the 3rd quarter. Madison Park Capital Advisors LLC now owns 31,360 shares of the investment management company’s stock valued at $322,000 after purchasing an additional 5,025 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Invesco Municipal Trust in the 2nd quarter valued at approximately $142,000. Finally, JFS Wealth Advisors LLC raised its position in shares of Invesco Municipal Trust by 1,624.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 144,206 shares of the investment management company’s stock valued at $1,480,000 after purchasing an additional 135,842 shares during the last quarter. 32.00% of the stock is currently owned by institutional investors.

Invesco Municipal Trust Trading Up 0.9 %

Shares of NYSE VKQ traded up $0.09 during mid-day trading on Friday, reaching $9.98. The company had a trading volume of 60,555 shares, compared to its average volume of 106,221. Invesco Municipal Trust has a 52 week low of $9.15 and a 52 week high of $10.47. The business’s 50-day moving average is $9.82 and its 200-day moving average is $10.02.

Invesco Municipal Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.0628 per share. This represents a $0.75 annualized dividend and a yield of 7.55%. The ex-dividend date is Tuesday, February 18th.

About Invesco Municipal Trust

Invesco Municipal 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.