Short Interest in INV VK MUN TR (NYSE:VKQ) Rises By 83.6%

INV VK MUN TR (NYSE:VKQ) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 99,500 shares, agrowthof83.6% from the July 15th total of 54,200 shares. Based on an average trading volume of 182,200 shares, the short-interest ratio is currently 0.5 days. Approximately0.2% of the company’s stock are short sold. Approximately0.2% of the company’s stock are short sold. Based on an average trading volume of 182,200 shares, the short-interest ratio is currently 0.5 days.

INV VK MUN TR Stock Down 0.4%

Shares of INV VK MUN TR stock opened at $9.0850 on Wednesday. INV VK MUN TR has a 52-week low of $8.86 and a 52-week high of $10.47. The company has a 50-day simple moving average of $9.12 and a two-hundred day simple moving average of $9.39.

INV VK MUN TR Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Monday, August 18th will be issued a $0.0628 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a c) annualized dividend and a yield of 8.3%.

Insider Buying and Selling

In other INV VK MUN TR news, Portfolio Manager Timothy M. O’reilly acquired 5,400 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were acquired at an average price of $9.19 per share, with a total value of $49,626.00. Following the completion of the purchase, the portfolio manager directly owned 5,400 shares of the company’s stock, valued at approximately $49,626. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.37% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Guggenheim Capital LLC raised its holdings in shares of INV VK MUN TR by 3.1% during the second quarter. Guggenheim Capital LLC now owns 1,201,076 shares of the investment management company’s stock valued at $10,990,000 after purchasing an additional 36,134 shares during the last quarter. Pathstone Holdings LLC raised its holdings in shares of INV VK MUN TR by 19.4% during the fourth quarter. Pathstone Holdings LLC now owns 823,912 shares of the investment management company’s stock valued at $8,091,000 after purchasing an additional 133,792 shares during the last quarter. LPL Financial LLC raised its holdings in shares of INV VK MUN TR by 23.6% during the first quarter. LPL Financial LLC now owns 542,278 shares of the investment management company’s stock valued at $5,233,000 after purchasing an additional 103,374 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of INV VK MUN TR by 16.4% during the first quarter. Advisors Asset Management Inc. now owns 374,512 shares of the investment management company’s stock valued at $3,614,000 after purchasing an additional 52,673 shares during the last quarter. Finally, Stratos Wealth Advisors LLC raised its holdings in shares of INV VK MUN TR by 1.2% during the first quarter. Stratos Wealth Advisors LLC now owns 205,186 shares of the investment management company’s stock valued at $1,980,000 after purchasing an additional 2,519 shares during the last quarter. 32.00% of the stock is owned by hedge funds and other institutional investors.

About INV VK MUN TR

Invesco Municipal 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.