Invmun Incom (NYSE:OIA) Short Interest Update

Invmun Incom (NYSE:OIA) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 32,365 shares, a decrease of 60.4% from the May 31st total of 81,805 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 104,011 shares, the short-interest ratio is currently 0.3 days.

Invmun Incom Stock Performance

Shares of Invmun Incom stock traded up $0.04 during trading hours on Monday, hitting $6.22. The company’s stock had a trading volume of 172,831 shares, compared to its average volume of 106,836. Invmun Incom has a twelve month low of $5.51 and a twelve month high of $6.40. The firm has a fifty day moving average of $6.11 and a 200-day moving average of $6.14.

Invmun Incom Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.0291 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%.

Institutional Trading of Invmun Incom

A number of large investors have recently modified their holdings of the stock. RFG Advisory LLC boosted its stake in shares of Invmun Incom by 10.6% in the 1st quarter. RFG Advisory LLC now owns 18,199 shares of the investment management company’s stock valued at $112,000 after buying an additional 1,740 shares during the period. Royal Bank of Canada lifted its stake in Invmun Incom by 6.8% in the first quarter. Royal Bank of Canada now owns 50,167 shares of the investment management company’s stock worth $302,000 after acquiring an additional 3,210 shares during the last quarter. Baird Financial Group Inc. lifted its stake in Invmun Incom by 31.9% in the second quarter. Baird Financial Group Inc. now owns 16,555 shares of the investment management company’s stock worth $95,000 after acquiring an additional 4,000 shares during the last quarter. Arlington Capital Management Inc. grew its holdings in Invmun Incom by 13.4% during the 4th quarter. Arlington Capital Management Inc. now owns 34,139 shares of the investment management company’s stock worth $205,000 after acquiring an additional 4,030 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in Invmun Incom by 8.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 62,049 shares of the investment management company’s stock worth $381,000 after acquiring an additional 4,591 shares in the last quarter. Hedge funds and other institutional investors own 12.57% of the company’s stock.

Invmun Incom Company Profile

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.