Short Interest in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Rises By 53.5%

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 194,017 shares, a growth of 53.5% from the November 30th total of 126,419 shares. Based on an average trading volume of 193,765 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 193,765 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

Several institutional investors and hedge funds have recently added to or reduced their stakes in VKI. Nuveen LLC bought a new stake in shares of Invesco Advantage Municipal Income Trust II in the 1st quarter worth approximately $244,000. Royal Bank of Canada raised its stake in shares of Invesco Advantage Municipal Income Trust II by 15.9% in the first quarter. Royal Bank of Canada now owns 35,040 shares of the financial services provider’s stock valued at $300,000 after purchasing an additional 4,811 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Invesco Advantage Municipal Income Trust II by 26.2% in the first quarter. Geneos Wealth Management Inc. now owns 13,017 shares of the financial services provider’s stock worth $111,000 after purchasing an additional 2,700 shares during the period. Indiana Trust & Investment Management Co lifted its position in Invesco Advantage Municipal Income Trust II by 1.9% in the first quarter. Indiana Trust & Investment Management Co now owns 125,630 shares of the financial services provider’s stock worth $1,073,000 after purchasing an additional 2,327 shares during the period. Finally, TPG Advisors LLC boosted its stake in Invesco Advantage Municipal Income Trust II by 24.3% during the second quarter. TPG Advisors LLC now owns 12,782 shares of the financial services provider’s stock worth $107,000 after buying an additional 2,500 shares in the last quarter. 27.52% of the stock is currently owned by institutional investors.

Invesco Advantage Municipal Income Trust II Price Performance

Invesco Advantage Municipal Income Trust II stock traded down $0.04 during mid-day trading on Monday, reaching $8.96. The company had a trading volume of 24,316 shares, compared to its average volume of 146,229. The company has a 50 day moving average of $8.89 and a 200-day moving average of $8.60. Invesco Advantage Municipal Income Trust II has a 52 week low of $7.89 and a 52 week high of $9.09.

Invesco Advantage Municipal Income Trust II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be paid a $0.0559 dividend. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, December 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.