Invesco Municipal Income Opportunities Trust (NYSE:OIA) Short Interest Up 140.5% in March

Invesco Municipal Income Opportunities Trust (NYSE:OIA) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 29,100 shares, an increase of 140.5% from the February 28th total of 12,100 shares. Based on an average daily trading volume, of 159,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Invesco Municipal Income Opportunities Trust

Hedge funds have recently made changes to their positions in the company. Rockefeller Capital Management L.P. raised its holdings in Invesco Municipal Income Opportunities Trust by 19.0% during the third quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company’s stock worth $439,000 after purchasing an additional 10,217 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the 3rd quarter worth approximately $72,000. Janney Montgomery Scott LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the 4th quarter valued at approximately $111,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust in the fourth quarter valued at approximately $65,000. Finally, RFG Advisory LLC grew its holdings in Invesco Municipal Income Opportunities Trust by 24.4% during the fourth quarter. RFG Advisory LLC now owns 40,859 shares of the investment management company’s stock worth $241,000 after acquiring an additional 8,027 shares during the period. Institutional investors and hedge funds own 12.57% of the company’s stock.

Invesco Municipal Income Opportunities Trust Stock Up 0.1 %

Shares of NYSE:OIA opened at $6.03 on Friday. Invesco Municipal Income Opportunities Trust has a one year low of $5.78 and a one year high of $6.99. The company has a 50-day simple moving average of $6.10 and a 200-day simple moving average of $6.35.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.0291 per share. The ex-dividend date is Wednesday, April 16th. This represents a $0.35 dividend on an annualized basis and a yield of 5.80%.

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.