Short Interest in Invmun Incom (NYSE:OIA) Decreases By 79.9%

Invmun Incom (NYSE:OIA) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 16,095 shares, a decline of 79.9% from the July 30th total of 79,999 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 150,036 shares, the short-interest ratio is currently 0.1 days.

Invmun Incom Trading Down 0.2%

OIA traded down $0.01 during trading on Thursday, hitting $6.04. The company’s stock had a trading volume of 52,994 shares, compared to its average volume of 109,754. Invmun Incom has a twelve month low of $5.63 and a twelve month high of $6.40. The firm’s 50 day moving average price is $6.12 and its 200-day moving average price is $6.14.

Invmun Incom Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be paid a $0.0291 dividend. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Monday, August 17th.

Institutional Trading of Invmun Incom

A number of hedge funds have recently added to or reduced their stakes in OIA. Garton & Associates Financial Advisors LLC purchased a new stake in Invmun Incom in the 4th quarter valued at about $38,000. Evergreen Capital Management LLC acquired a new stake in shares of Invmun Incom in the fourth quarter worth approximately $78,000. HRT Financial LP acquired a new stake in shares of Invmun Incom in the fourth quarter worth approximately $83,000. Nuveen LLC purchased a new stake in Invmun Incom in the fourth quarter valued at approximately $96,000. Finally, Susquehanna International Group LLP purchased a new stake in Invmun Incom in the second quarter valued at approximately $102,000. 12.57% of the stock is owned by institutional investors and hedge funds.

Invmun Incom 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. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds rated BB or better by Standard & Poor's or Ba or better by Moody's.