Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Up 61.6% in February

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 128,000 shares, an increase of 61.6% from the January 31st total of 79,200 shares. Based on an average daily volume of 152,900 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

Several institutional investors have recently made changes to their positions in the business. FSA Wealth Management LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the third quarter valued at about $28,000. Geneos Wealth Management Inc. lifted its position in shares of Invesco Advantage Municipal Income Trust II by 37.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 10,317 shares of the financial services provider’s stock valued at $90,000 after buying an additional 2,800 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Invesco Advantage Municipal Income Trust II during the 3rd quarter valued at approximately $93,000. Permanent Capital Management LP purchased a new stake in Invesco Advantage Municipal Income Trust II in the 4th quarter worth approximately $94,000. Finally, Larson Financial Group LLC raised its stake in Invesco Advantage Municipal Income Trust II by 232.4% during the 3rd quarter. Larson Financial Group LLC now owns 11,300 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 7,900 shares during the period. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Down 0.6 %

Shares of VKI traded down $0.05 during trading hours on Tuesday, hitting $8.94. The stock had a trading volume of 144,331 shares, compared to its average volume of 134,237. Invesco Advantage Municipal Income Trust II has a 12 month low of $8.14 and a 12 month high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.0559 per share. This represents a $0.67 annualized dividend and a dividend yield of 7.50%. The ex-dividend date of this dividend was Tuesday, February 18th.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II 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.