Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Short Interest Update

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 32,100 shares, an increase of 40.2% from the February 28th total of 22,900 shares. Based on an average daily trading volume, of 71,700 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Invesco Pennsylvania Value Municipal Income Trust

Several institutional investors and hedge funds have recently modified their holdings of the business. Rivernorth Capital Management LLC raised its holdings in Invesco Pennsylvania Value Municipal Income Trust by 0.9% during the third quarter. Rivernorth Capital Management LLC now owns 479,204 shares of the financial services provider’s stock valued at $5,420,000 after buying an additional 4,203 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Invesco Pennsylvania Value Municipal Income Trust during the 3rd quarter valued at about $113,000. Robinson Capital Management LLC bought a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at approximately $1,743,000. Wolverine Asset Management LLC lifted its holdings in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% in the 4th quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 19,052 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter worth approximately $298,000.

Invesco Pennsylvania Value Municipal Income Trust Trading Up 0.2 %

Shares of NYSE VPV traded up $0.02 during trading hours on Monday, hitting $10.20. The stock had a trading volume of 27,148 shares, compared to its average volume of 50,741. The firm’s 50-day moving average price is $10.38 and its two-hundred day moving average price is $10.73. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $9.84 and a 52 week high of $11.41.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.0667 per share. The ex-dividend date is Wednesday, April 16th. This represents a $0.80 annualized dividend and a dividend yield of 7.85%.

About Invesco Pennsylvania Value Municipal Income Trust

Invesco Pennsylvania 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.