Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Update

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 309,250 shares, a growth of 59.4% from the December 15th total of 194,017 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 168,706 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 168,706 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.7% of the shares of the stock are sold short.

Insider Buying and Selling at Invesco Advantage Municipal Income Trust II

In other news, major shareholder Of America Corp /De/ Bank acquired 8,531 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was bought at an average price of $9.08 per share, with a total value of $77,461.48. Following the completion of the acquisition, the insider owned 8,531 shares in the company, valued at approximately $77,461.48. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 6.45% of the company’s stock.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

Several large investors have recently made changes to their positions in VKI. Rockefeller Capital Management L.P. increased its position in Invesco Advantage Municipal Income Trust II by 2.0% in the second quarter. Rockefeller Capital Management L.P. now owns 65,890 shares of the financial services provider’s stock worth $552,000 after purchasing an additional 1,323 shares during the period. Moloney Securities Asset Management LLC grew its position in shares of Invesco Advantage Municipal Income Trust II by 10.8% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock worth $122,000 after buying an additional 1,355 shares during the period. TPG Advisors LLC raised its stake in shares of Invesco Advantage Municipal Income Trust II by 11.2% during the third quarter. TPG Advisors LLC now owns 14,219 shares of the financial services provider’s stock worth $125,000 after buying an additional 1,437 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Invesco Advantage Municipal Income Trust II by 26.2% in the first quarter. Geneos Wealth Management Inc. now owns 13,017 shares of the financial services provider’s stock valued at $111,000 after buying an additional 2,700 shares during the period. Finally, CoreCap Advisors LLC bought a new position in Invesco Advantage Municipal Income Trust II in the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Performance

VKI opened at $9.15 on Friday. Invesco Advantage Municipal Income Trust II has a 1-year low of $7.89 and a 1-year high of $9.25. The firm has a 50-day moving average price of $8.96 and a two-hundred day moving average price of $8.69.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be given a $0.0559 dividend. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Thursday, January 15th.

Invesco Advantage Municipal Income Trust II Company Profile

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.

The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.