Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) Short Interest Down 30.8% in April

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAVGet Rating) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 4,500 shares, a drop of 30.8% from the March 31st total of 6,500 shares. Based on an average trading volume of 73,600 shares, the short-interest ratio is currently 0.1 days.

Shares of NYSE MAV opened at $8.95 on Friday. The business has a fifty day moving average price of $9.79 and a two-hundred day moving average price of $10.87. Pioneer Municipal High Income Advantage Fund has a fifty-two week low of $8.94 and a fifty-two week high of $12.98.

The business also recently announced a monthly dividend, which was paid on Friday, April 29th. Stockholders of record on Tuesday, April 19th were given a dividend of $0.04 per share. The ex-dividend date was Monday, April 18th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.36%.

Large investors have recently added to or reduced their stakes in the company. Ahrens Investment Partners LLC bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the 4th quarter valued at $25,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Pioneer Municipal High Income Advantage Fund by 25.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,192 shares of the company’s stock valued at $60,000 after acquiring an additional 1,063 shares during the period. Landscape Capital Management L.L.C. bought a new stake in shares of Pioneer Municipal High Income Advantage Fund during the 4th quarter valued at $140,000. Stratos Wealth Partners LTD. lifted its position in shares of Pioneer Municipal High Income Advantage Fund by 7.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 14,000 shares of the company’s stock valued at $162,000 after acquiring an additional 1,000 shares during the period. Finally, Integrated Capital Management Inc. lifted its position in shares of Pioneer Municipal High Income Advantage Fund by 9.2% during the 4th quarter. Integrated Capital Management Inc. now owns 16,838 shares of the company’s stock valued at $194,000 after acquiring an additional 1,420 shares during the period.

Pioneer Municipal High Income Advantage Fund Company Profile (Get Rating)

Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.

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