Short Interest in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Decreases By 12.9%

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 269,504 shares, a drop of 12.9% from the December 31st total of 309,250 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 123,382 shares, the short-interest ratio is presently 2.2 days. Based on an average daily trading volume, of 123,382 shares, the short-interest ratio is presently 2.2 days. Currently, 0.6% of the shares of the company are short sold.

Insider Buying and Selling at Invesco Advantage Municipal Income Trust II

In other Invesco Advantage Municipal Income Trust II news, major shareholder Of America Corp /De/ Bank bought 8,531 shares of Invesco Advantage Municipal Income Trust II stock in a transaction dated Friday, January 2nd. The stock was bought 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 in the company, valued at $77,461.48. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 6.45% of the company’s stock.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

Hedge funds and other institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC bought a new position in Invesco Advantage Municipal Income Trust II in the fourth quarter valued at about $28,000. Savant Capital LLC bought a new position in Invesco Advantage Municipal Income Trust II in the 2nd quarter valued at approximately $115,000. Moloney Securities Asset Management LLC boosted its position in Invesco Advantage Municipal Income Trust II by 10.8% in the third quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock valued at $122,000 after buying an additional 1,355 shares in the last quarter. TPG Advisors LLC grew its stake in shares of Invesco Advantage Municipal Income Trust II by 11.2% during the third quarter. TPG Advisors LLC now owns 14,219 shares of the financial services provider’s stock worth $125,000 after buying an additional 1,437 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of Invesco Advantage Municipal Income Trust II by 35.4% during the third quarter. Creative Planning now owns 15,792 shares of the financial services provider’s stock worth $138,000 after buying an additional 4,132 shares in the last quarter. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Price Performance

Shares of NYSEAMERICAN:VKI opened at $8.93 on Tuesday. Invesco Advantage Municipal Income Trust II has a 1 year low of $7.89 and a 1 year high of $9.25. The business’s 50 day simple moving average is $8.97 and its 200 day simple moving average is $8.74.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be paid a $0.0559 dividend. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Tuesday, February 17th.

About Invesco Advantage Municipal Income Trust II

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.