Invvlu Mu Incm (NYSE:IIM) Short Interest Update

Invvlu Mu Incm (NYSE:IIM) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 41,433 shares, a decline of 34.4% from the January 15th total of 63,159 shares. Based on an average daily volume of 132,798 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 132,798 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Invvlu Mu Incm

Institutional investors have recently modified their holdings of the stock. D.A. Davidson & CO. boosted its stake in shares of Invvlu Mu Incm by 577.9% during the 3rd quarter. D.A. Davidson & CO. now owns 69,538 shares of the investment management company’s stock worth $873,000 after purchasing an additional 59,280 shares during the period. Cetera Investment Advisers lifted its stake in Invvlu Mu Incm by 8.3% in the second quarter. Cetera Investment Advisers now owns 158,360 shares of the investment management company’s stock worth $1,843,000 after purchasing an additional 12,147 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in Invvlu Mu Incm by 13.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 827,675 shares of the investment management company’s stock worth $10,387,000 after purchasing an additional 98,759 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of Invvlu Mu Incm by 35.5% during the second quarter. Concurrent Investment Advisors LLC now owns 16,945 shares of the investment management company’s stock valued at $197,000 after buying an additional 4,437 shares during the period. Finally, Whipplewood Advisors LLC boosted its position in shares of Invvlu Mu Incm by 33,000.4% during the second quarter. Whipplewood Advisors LLC now owns 76,462 shares of the investment management company’s stock valued at $890,000 after buying an additional 76,231 shares during the period. 20.73% of the stock is owned by institutional investors.

Invvlu Mu Incm Price Performance

Shares of NYSE:IIM opened at $12.80 on Friday. Invvlu Mu Incm has a 52 week low of $10.96 and a 52 week high of $12.81. The firm has a fifty day simple moving average of $12.39 and a two-hundred day simple moving average of $12.27.

Invvlu Mu Incm Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be given a $0.0771 dividend. The ex-dividend date is Tuesday, February 17th. This represents a c) annualized dividend and a yield of 7.2%.

About Invvlu Mu Incm

Invesco Value Municipal Income 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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.