Invesco Municipal Income Opportunities Trust (NYSE:OIA) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.47 and traded as low as $6.01. Invesco Municipal Income Opportunities Trust shares last traded at $6.03, with a volume of 53,770 shares trading hands.

Invesco Municipal Income Opportunities Trust Stock Performance

The firm has a 50 day simple moving average of $6.24 and a 200 day simple moving average of $6.47.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a dividend of $0.0291 per share. The ex-dividend date is Friday, January 17th. This represents a $0.35 annualized dividend and a dividend yield of 5.72%.

Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust

A number of hedge funds have recently bought and sold shares of the business. Virtu Financial LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the 3rd quarter valued at about $72,000. Cornerstone Wealth Management LLC purchased a new stake in Invesco Municipal Income Opportunities Trust in the fourth quarter worth approximately $65,000. Creekside Partners bought a new stake in Invesco Municipal Income Opportunities Trust in the 2nd quarter worth approximately $95,000. Janney Montgomery Scott LLC bought a new stake in Invesco Municipal Income Opportunities Trust in the 4th quarter worth approximately $111,000. Finally, Horizon Kinetics Asset Management LLC purchased a new stake in Invesco Municipal Income Opportunities Trust during the 3rd quarter valued at $137,000. Hedge funds and other institutional investors own 12.57% of the company’s stock.

About Invesco Municipal Income Opportunities Trust

Invesco Municipal Income Opportunities 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.