Invesco Municipal Income Opportunities Trust (NYSE:OIA) Short Interest Down 52.9% in February

Invesco Municipal Income Opportunities Trust (NYSE:OIA) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 12,100 shares, a drop of 52.9% from the February 13th total of 25,700 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 158,100 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Municipal Income Opportunities Trust Price Performance

NYSE OIA traded down $0.03 on Friday, reaching $6.00. 97,019 shares of the stock were exchanged, compared to its average volume of 98,619. Invesco Municipal Income Opportunities Trust has a one year low of $5.78 and a one year high of $6.99. The company’s 50-day simple moving average is $6.09 and its two-hundred day simple moving average is $6.37.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.0291 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date is Monday, March 17th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Signaturefd LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the fourth quarter valued at about $29,000. Elequin Capital LP bought a new position in Invesco Municipal Income Opportunities Trust in the 4th quarter worth approximately $41,000. Ameriflex Group Inc. purchased a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter valued at approximately $50,000. Cornerstone Wealth Management LLC purchased a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter valued at approximately $65,000. Finally, Virtu Financial LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the third quarter worth $72,000. 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.