Inv Vk Mun Opp (NYSE:VMO) Short Interest Update

Inv Vk Mun Opp (NYSE:VMO) was the target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 73,420 shares, a decrease of 27.4% from the January 15th total of 101,196 shares. Based on an average daily volume of 263,446 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 263,446 shares, the short-interest ratio is currently 0.3 days.

Inv Vk Mun Opp Stock Up 0.4%

Shares of NYSE:VMO traded up $0.04 during trading on Monday, reaching $9.99. The company’s stock had a trading volume of 301,590 shares, compared to its average volume of 250,632. Inv Vk Mun Opp has a 12 month low of $8.81 and a 12 month high of $9.99. The firm’s 50 day simple moving average is $9.70 and its two-hundred day simple moving average is $9.57.

Inv Vk Mun Opp Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a c) annualized dividend and a dividend yield of 7.5%.

Institutional Trading of Inv Vk Mun Opp

Institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its position in Inv Vk Mun Opp by 1,328.5% during the second quarter. Geneos Wealth Management Inc. now owns 4,214 shares of the investment management company’s stock valued at $39,000 after acquiring an additional 3,919 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Inv Vk Mun Opp by 252.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,661 shares of the investment management company’s stock worth $70,000 after purchasing an additional 5,490 shares during the period. Global Retirement Partners LLC grew its holdings in Inv Vk Mun Opp by 1,039.1% during the 4th quarter. Global Retirement Partners LLC now owns 8,737 shares of the investment management company’s stock valued at $84,000 after purchasing an additional 7,970 shares during the last quarter. Merit Financial Group LLC purchased a new stake in Inv Vk Mun Opp in the 4th quarter worth about $96,000. Finally, First Trust Advisors LP purchased a new stake in Inv Vk Mun Opp in the 4th quarter worth about $98,000. 42.57% of the stock is currently owned by institutional investors.

Inv Vk Mun Opp Company Profile

Inv Vk Mun Opp (NYSE: VMO), known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity.

The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.