Invesco Municipal Opportunity Trust (NYSE:VMO) Short Interest Update

Invesco Municipal Opportunity Trust (NYSE:VMO) was the target of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 23,700 shares, a decrease of 79.8% from the January 31st total of 117,500 shares. Based on an average daily volume of 279,800 shares, the short-interest ratio is presently 0.1 days.

Invesco Municipal Opportunity Trust Stock Performance

NYSE:VMO traded up $0.01 during trading hours on Thursday, reaching $9.88. The stock had a trading volume of 213,532 shares, compared to its average volume of 219,163. Invesco Municipal Opportunity Trust has a 12-month low of $9.22 and a 12-month high of $10.39. The stock has a 50 day simple moving average of $9.71 and a 200 day simple moving average of $9.94.

Invesco Municipal Opportunity Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be paid a $0.0625 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date is Tuesday, February 18th.

Institutional Investors Weigh In On Invesco Municipal Opportunity Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC bought a new stake in shares of Invesco Municipal Opportunity Trust during the 3rd quarter valued at $496,000. Stifel Financial Corp increased its position in shares of Invesco Municipal Opportunity Trust by 35.2% during the third quarter. Stifel Financial Corp now owns 117,063 shares of the investment management company’s stock valued at $1,202,000 after buying an additional 30,463 shares during the period. Van ECK Associates Corp increased its position in shares of Invesco Municipal Opportunity Trust by 4.4% during the fourth quarter. Van ECK Associates Corp now owns 507,362 shares of the investment management company’s stock valued at $4,932,000 after buying an additional 21,173 shares during the period. Walleye Capital LLC purchased a new stake in shares of Invesco Municipal Opportunity Trust in the third quarter worth about $164,000. Finally, Raymond James & Associates grew its stake in Invesco Municipal Opportunity Trust by 8.1% during the third quarter. Raymond James & Associates now owns 377,675 shares of the investment management company’s stock valued at $3,879,000 after acquiring an additional 28,419 shares in the last quarter. Institutional investors own 42.57% of the company’s stock.

About Invesco Municipal Opportunity Trust

Invesco Municipal Opportunity 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.