Invmun Incom (NYSE:OIA) Short Interest Up 321.9% in August

Invmun Incom (NYSE:OIA) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 67,900 shares, a growth of 321.9% from the August 15th total of 16,095 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 97,319 shares, the short-interest ratio is currently 0.7 days.

Invmun Incom Trading Down 0.7%

Shares of OIA opened at $5.85 on Friday. Invmun Incom has a one year low of $5.82 and a one year high of $6.40. The stock has a 50 day moving average price of $6.08 and a 200 day moving average price of $6.11.

Invmun Incom Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 14th will be paid a dividend of $0.0291 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Monday, September 14th.

Institutional Investors Weigh In On Invmun Incom

A number of large investors have recently modified their holdings of the business. Guggenheim Capital LLC lifted its stake in shares of Invmun Incom by 14.4% in the fourth quarter. Guggenheim Capital LLC now owns 1,020,442 shares of the investment management company’s stock worth $6,133,000 after buying an additional 128,382 shares in the last quarter. Bank of America Corp DE grew its stake in Invmun Incom by 1.8% during the 3rd quarter. Bank of America Corp DE now owns 918,632 shares of the investment management company’s stock valued at $5,539,000 after acquiring an additional 16,443 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Invmun Incom by 241.4% in the 3rd quarter. Raymond James Financial Inc. now owns 546,875 shares of the investment management company’s stock valued at $3,298,000 after acquiring an additional 386,668 shares during the last quarter. Van ECK Associates Corp raised its holdings in Invmun Incom by 3.7% in the 2nd quarter. Van ECK Associates Corp now owns 284,491 shares of the investment management company’s stock valued at $1,767,000 after acquiring an additional 10,076 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Invmun Incom by 68.3% in the 4th quarter. Wells Fargo & Company MN now owns 278,112 shares of the investment management company’s stock worth $1,671,000 after purchasing an additional 112,896 shares in the last quarter. Hedge funds and other institutional investors own 12.57% of the company’s stock.

About Invmun Incom

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. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds rated BB or better by Standard & Poor's or Ba or better by Moody's.