Invesco Municipal Income Opportunities Trust (NYSE:OIA) Short Interest Down 70.7% in January

Invesco Municipal Income Opportunities Trust (NYSE:OIA) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 12,900 shares, a drop of 70.7% from the December 31st total of 44,100 shares. Based on an average daily volume of 131,200 shares, the short-interest ratio is currently 0.1 days.

Invesco Municipal Income Opportunities Trust Stock Performance

Shares of Invesco Municipal Income Opportunities Trust stock traded down $0.01 during trading on Tuesday, reaching $6.13. The company had a trading volume of 104,002 shares, compared to its average volume of 130,530. Invesco Municipal Income Opportunities Trust has a fifty-two week low of $5.78 and a fifty-two week high of $6.99. The firm’s fifty day moving average is $6.19 and its 200-day moving average is $6.45.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a dividend of $0.0291 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.35 annualized dividend and a dividend yield of 5.70%.

Institutional Investors Weigh In On Invesco Municipal Income Opportunities Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OIA. RFG Advisory LLC lifted its stake in Invesco Municipal Income Opportunities Trust by 24.4% in the fourth quarter. RFG Advisory LLC now owns 40,859 shares of the investment management company’s stock valued at $241,000 after acquiring an additional 8,027 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Invesco Municipal Income Opportunities Trust by 19.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company’s stock valued at $439,000 after acquiring an additional 10,217 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Invesco Municipal Income Opportunities Trust in the 3rd quarter valued at approximately $72,000. Cornerstone Wealth Management LLC acquired a new stake in Invesco Municipal Income Opportunities Trust in the 4th quarter worth approximately $65,000. Finally, AlphaStar Capital Management LLC bought a new stake in Invesco Municipal Income Opportunities Trust during the fourth quarter worth approximately $83,000. Institutional investors own 12.57% of the company’s stock.

Invesco Municipal Income Opportunities Trust Company Profile

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.