Short Interest in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Rises By 28.9%

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 117,295 shares, an increase of 28.9% from the February 12th total of 91,027 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 117,480 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 117,480 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the company’s stock are short sold.

Insider Activity at Invesco Advantage Municipal Income Trust II

In related news, major shareholder Of America Corp /De/ Bank acquired 8,531 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were acquired at an average price of $9.08 per share, with a total value of $77,461.48. Following the completion of the transaction, the insider owned 8,531 shares of the company’s stock, valued at $77,461.48. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 6.45% of the stock is currently owned by company insiders.

Institutional Trading of Invesco Advantage Municipal Income Trust II

A number of large investors have recently made changes to their positions in the company. CoreCap Advisors LLC purchased a new position in Invesco Advantage Municipal Income Trust II in the fourth quarter worth approximately $28,000. Kestra Advisory Services LLC purchased a new stake in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter valued at approximately $51,000. J.W. Cole Advisors Inc. purchased a new stake in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter valued at approximately $117,000. Savant Capital LLC purchased a new stake in Invesco Advantage Municipal Income Trust II during the 2nd quarter worth about $115,000. Finally, Moloney Securities Asset Management LLC boosted its position in shares of Invesco Advantage Municipal Income Trust II by 10.8% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock worth $122,000 after acquiring an additional 1,355 shares in the last quarter. 27.52% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Advantage Municipal Income Trust II Trading Up 0.9%

NYSEAMERICAN:VKI traded up $0.08 during midday trading on Friday, reaching $9.33. The company had a trading volume of 90,549 shares, compared to its average volume of 109,493. Invesco Advantage Municipal Income Trust II has a 12-month low of $7.89 and a 12-month high of $9.45. The stock’s fifty day simple moving average is $9.18 and its 200-day simple moving average is $8.94.

Invesco Advantage Municipal Income Trust II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.0559 dividend. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Monday, March 16th.

Invesco Advantage Municipal Income Trust II Company Profile

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.