Invesco Municipal Income Opportunities Trust (NYSE:OIA) Short Interest Down 63.9% in April

Invesco Municipal Income Opportunities Trust (NYSE:OIAGet Rating) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 39,300 shares, a decline of 63.9% from the March 31st total of 108,800 shares. Based on an average trading volume of 134,700 shares, the days-to-cover ratio is currently 0.3 days.

OIA stock traded up $0.03 during trading on Friday, reaching $6.45. The stock had a trading volume of 100 shares, compared to its average volume of 124,890. Invesco Municipal Income Opportunities Trust has a 1-year low of $6.25 and a 1-year high of $8.54. The firm has a fifty day moving average price of $6.91 and a 200 day moving average price of $7.48.

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 29th. Shareholders of record on Monday, April 18th will be issued a $0.0305 dividend. The ex-dividend date is Thursday, April 14th. This represents a $0.37 dividend on an annualized basis and a yield of 5.67%.

Several institutional investors have recently modified their holdings of OIA. Moors & Cabot Inc. raised its stake in shares of Invesco Municipal Income Opportunities Trust by 61.7% in the 3rd quarter. Moors & Cabot Inc. now owns 19,400 shares of the investment management company’s stock valued at $81,000 after purchasing an additional 7,400 shares in the last quarter. AE Wealth Management LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the 4th quarter valued at about $85,000. Bromfield Sneider Wealth Advisors bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the 1st quarter valued at about $93,000. Creative Planning bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the 3rd quarter valued at about $96,000. Finally, National Asset Management Inc. grew its position in shares of Invesco Municipal Income Opportunities Trust by 19.8% during the 4th quarter. National Asset Management Inc. now owns 15,977 shares of the investment management company’s stock valued at $128,000 after buying an additional 2,640 shares during the last quarter. Institutional investors and hedge funds own 9.51% of the company’s stock.

About Invesco Municipal Income Opportunities Trust (Get Rating)

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.

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