Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Update

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

Insider Buying and Selling at Invesco Advantage Municipal Income Trust II

In other news, major shareholder Of America Corp /De/ Bank purchased 8,531 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were 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 directly owned 8,531 shares in the company, valued at $77,461.48. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 6.45% of the company’s stock.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

Several hedge funds and other institutional investors have recently modified their holdings of VKI. Royal Bank of Canada increased its holdings in shares of Invesco Advantage Municipal Income Trust II by 15.9% during the first quarter. Royal Bank of Canada now owns 35,040 shares of the financial services provider’s stock worth $300,000 after buying an additional 4,811 shares in the last quarter. Savant Capital LLC acquired a new position in shares of Invesco Advantage Municipal Income Trust II in the 2nd quarter worth approximately $115,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Invesco Advantage Municipal Income Trust II by 2.0% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 65,890 shares of the financial services provider’s stock worth $552,000 after acquiring an additional 1,323 shares in the last quarter. Advisors Asset Management Inc. grew its position in Invesco Advantage Municipal Income Trust II by 66.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 331,042 shares of the financial services provider’s stock worth $2,771,000 after acquiring an additional 131,905 shares during the last quarter. Finally, Guggenheim Capital LLC grew its position in Invesco Advantage Municipal Income Trust II by 1.0% during the 2nd quarter. Guggenheim Capital LLC now owns 1,045,022 shares of the financial services provider’s stock worth $8,747,000 after acquiring an additional 9,848 shares during the last quarter. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Price Performance

Invesco Advantage Municipal Income Trust II stock traded down $0.03 during mid-day trading on Monday, reaching $9.30. The company had a trading volume of 75,926 shares, compared to its average volume of 109,493. The company has a 50 day moving average of $9.18 and a 200-day moving average of $8.95. Invesco Advantage Municipal Income Trust II has a 52 week low of $7.89 and a 52 week high of $9.45.

Invesco Advantage Municipal Income Trust II Announces Dividend

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

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.