Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Sees Significant Decrease in Short Interest

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 269,504 shares, a decrease of 12.9% from the December 31st total of 309,250 shares. Based on an average trading volume of 123,382 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 123,382 shares, the days-to-cover ratio is currently 2.2 days.

Invesco Advantage Municipal Income Trust II Stock Up 0.1%

VKI opened at $8.94 on Wednesday. Invesco Advantage Municipal Income Trust II has a 12-month low of $7.89 and a 12-month high of $9.25. The firm’s fifty day moving average price is $8.97 and its 200 day moving average price is $8.75.

Invesco Advantage Municipal Income Trust II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be given a $0.0559 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, February 17th.

Insider Transactions at Invesco Advantage Municipal Income Trust II

In other news, major shareholder Of America Corp /De/ Bank bought 8,531 shares of Invesco Advantage Municipal Income Trust II stock in a transaction dated Friday, January 2nd. The stock was acquired at an average cost of $9.08 per share, with a total value of $77,461.48. Following the acquisition, the insider owned 8,531 shares of the company’s stock, valued at approximately $77,461.48. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 6.45% of the stock is owned by company insiders.

Institutional Investors Weigh In On Invesco Advantage Municipal Income Trust II

A number of hedge funds have recently added to or reduced their stakes in VKI. Advisors Asset Management Inc. boosted its position in Invesco Advantage Municipal Income Trust II by 66.2% in the second quarter. Advisors Asset Management Inc. now owns 331,042 shares of the financial services provider’s stock worth $2,771,000 after purchasing an additional 131,905 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Invesco Advantage Municipal Income Trust II by 26.8% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 602,604 shares of the financial services provider’s stock valued at $5,285,000 after buying an additional 127,491 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Invesco Advantage Municipal Income Trust II by 17.1% in the 2nd quarter. Bank of America Corp DE now owns 703,205 shares of the financial services provider’s stock worth $5,886,000 after purchasing an additional 102,596 shares in the last quarter. Indivisible Partners bought a new position in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter worth approximately $789,000. Finally, Alpine Global Management LLC purchased a new stake in Invesco Advantage Municipal Income Trust II in the 3rd quarter worth approximately $395,000. Institutional investors own 27.52% of the company’s stock.

About Invesco Advantage Municipal Income Trust II

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.