Invesco Municipal Income Opportunities Trust (NYSE:OIA) Sees Large Increase in Short Interest

Invesco Municipal Income Opportunities Trust (NYSE:OIAGet Rating) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 70,200 shares, a growth of 210.6% from the April 30th total of 22,600 shares. Based on an average daily volume of 131,500 shares, the short-interest ratio is currently 0.5 days.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Morgan Stanley raised its stake in Invesco Municipal Income Opportunities Trust by 0.5% during the 3rd quarter. Morgan Stanley now owns 324,759 shares of the investment management company’s stock valued at $2,582,000 after acquiring an additional 1,563 shares during the last quarter. UBS Group AG raised its stake in shares of Invesco Municipal Income Opportunities Trust by 2.2% during the 3rd quarter. UBS Group AG now owns 81,653 shares of the investment management company’s stock worth $649,000 after buying an additional 1,760 shares in the last quarter. National Asset Management Inc. raised its stake in shares of Invesco Municipal Income Opportunities Trust by 19.8% during the 4th quarter. National Asset Management Inc. now owns 15,977 shares of the investment management company’s stock worth $128,000 after buying an additional 2,640 shares in the last quarter. US Bancorp DE purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the 1st quarter worth approximately $30,000. Finally, LPL Financial LLC raised its stake in shares of Invesco Municipal Income Opportunities Trust by 10.3% during the 3rd quarter. LPL Financial LLC now owns 62,877 shares of the investment management company’s stock worth $500,000 after buying an additional 5,884 shares in the last quarter. 9.96% of the stock is owned by hedge funds and other institutional investors.

Shares of Invesco Municipal Income Opportunities Trust stock traded up $0.31 on Friday, hitting $6.98. The stock had a trading volume of 256,503 shares, compared to its average volume of 130,405. The company’s 50 day moving average price is $6.62 and its 200 day moving average price is $7.29. Invesco Municipal Income Opportunities Trust has a 52-week low of $6.25 and a 52-week high of $8.54.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 31st. Shareholders of record on Monday, May 16th will be paid a dividend of $0.0305 per share. This represents a $0.37 annualized dividend and a yield of 5.24%. The ex-dividend date is Friday, May 13th.

About Invesco Municipal Income Opportunities Trust (Get Rating)

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.

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