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

Invesco California Value Municipal Income Trust (NYSE:VCV) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 277,300 shares, a decrease of 23.1% from the January 15th total of 360,700 shares. Based on an average daily trading volume, of 155,400 shares, the short-interest ratio is presently 1.8 days.

Invesco California Value Municipal Income Trust Stock Up 0.5 %

Shares of VCV stock traded up $0.06 on Friday, hitting $11.10. 48,878 shares of the stock were exchanged, compared to its average volume of 90,653. The business has a 50-day moving average of $10.89 and a 200 day moving average of $10.75. Invesco California Value Municipal Income Trust has a fifty-two week low of $9.49 and a fifty-two week high of $11.47.

Invesco California Value Municipal Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a dividend of $0.0646 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.78 annualized dividend and a yield of 6.99%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Stifel Financial Corp bought a new stake in Invesco California Value Municipal Income Trust in the fourth quarter valued at approximately $117,000. Napa Wealth Management bought a new position in Invesco California Value Municipal Income Trust during the 3rd quarter worth $140,000. SteelPeak Wealth LLC bought a new position in Invesco California Value Municipal Income Trust during the 3rd quarter worth $144,000. International Assets Investment Management LLC increased its stake in Invesco California Value Municipal Income Trust by 989.0% during the 3rd quarter. International Assets Investment Management LLC now owns 22,869 shares of the investment management company’s stock worth $249,000 after acquiring an additional 20,769 shares during the period. Finally, Walleye Capital LLC bought a new position in Invesco California Value Municipal Income Trust during the 4th quarter worth $291,000. 18.80% of the stock is owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Company Profile

Invesco California 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.