Short Interest in Invesco Municipal Income Opportunities Trust (NYSE:OIA) Drops By 19.8%

Invesco Municipal Income Opportunities Trust (NYSE:OIA) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 56,200 shares, a decline of 19.8% from the May 31st total of 70,100 shares. Based on an average daily volume of 87,800 shares, the short-interest ratio is currently 0.6 days.

Invesco Municipal Income Opportunities Trust Price Performance

OIA stock opened at $6.35 on Friday. The stock’s fifty day simple moving average is $6.25 and its two-hundred day simple moving average is $6.34. Invesco Municipal Income Opportunities Trust has a 1-year low of $4.93 and a 1-year high of $6.70.

Invesco Municipal Income Opportunities Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Tuesday, June 18th were given a $0.0291 dividend. The ex-dividend date was Tuesday, June 18th. This represents a $0.35 annualized dividend and a yield of 5.50%.

Institutional Trading of Invesco Municipal Income Opportunities Trust

Several hedge funds have recently made changes to their positions in the company. UBS Group AG raised its stake in shares of Invesco Municipal Income Opportunities Trust by 442.9% in the third quarter. UBS Group AG now owns 403,621 shares of the investment management company’s stock valued at $2,345,000 after buying an additional 329,279 shares during the period. Van ECK Associates Corp raised its stake in shares of Invesco Municipal Income Opportunities Trust by 45.5% during the 4th quarter. Van ECK Associates Corp now owns 261,713 shares of the investment management company’s stock valued at $1,662,000 after purchasing an additional 81,830 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in shares of Invesco Municipal Income Opportunities Trust by 3.3% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 139,275 shares of the investment management company’s stock valued at $884,000 after purchasing an additional 4,441 shares during the period. Raymond James & Associates raised its stake in shares of Invesco Municipal Income Opportunities Trust by 29.2% during the 4th quarter. Raymond James & Associates now owns 91,826 shares of the investment management company’s stock valued at $583,000 after purchasing an additional 20,740 shares during the period. Finally, Melfa Wealth Management LLC raised its stake in shares of Invesco Municipal Income Opportunities Trust by 5.0% during the 4th quarter. Melfa Wealth Management LLC now owns 75,200 shares of the investment management company’s stock valued at $478,000 after purchasing an additional 3,595 shares during the period. 12.57% of the stock is currently owned by institutional investors.

About Invesco Municipal Income Opportunities Trust

Invesco Municipal Income Opportunities 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.