Inv Vk Mun Tr (NYSE:VKQ) Short Interest Up 84.1% in October

Inv Vk Mun Tr (NYSE:VKQ) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 107,900 shares, a growth of 84.1% from the September 30th total of 58,600 shares. Based on an average daily volume of 211,800 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 211,800 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Concurrent Investment Advisors LLC bought a new position in shares of Inv Vk Mun Tr during the third quarter valued at about $405,000. Capital Investment Advisors LLC grew its stake in shares of Inv Vk Mun Tr by 3.2% during the third quarter. Capital Investment Advisors LLC now owns 153,364 shares of the investment management company’s stock valued at $1,480,000 after buying an additional 4,726 shares during the last quarter. Permanent Capital Management LP bought a new position in shares of Inv Vk Mun Tr during the third quarter valued at about $138,000. Wealth Alliance Advisory Group LLC grew its stake in shares of Inv Vk Mun Tr by 2.8% during the third quarter. Wealth Alliance Advisory Group LLC now owns 74,716 shares of the investment management company’s stock valued at $721,000 after buying an additional 2,000 shares during the last quarter. Finally, Riverbridge Partners LLC grew its stake in shares of Inv Vk Mun Tr by 3.5% during the third quarter. Riverbridge Partners LLC now owns 31,612 shares of the investment management company’s stock valued at $305,000 after buying an additional 1,070 shares during the last quarter. 32.00% of the stock is owned by institutional investors.

Inv Vk Mun Tr Stock Up 0.1%

Shares of NYSE:VKQ opened at $9.74 on Monday. The stock’s 50-day moving average price is $9.53 and its 200-day moving average price is $9.30. Inv Vk Mun Tr has a 12-month low of $8.86 and a 12-month high of $10.33.

Inv Vk Mun Tr Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 31st. Stockholders of record on Thursday, October 16th were paid a dividend of $0.0628 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend was Thursday, October 16th.

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.