Invesco Quality Municipal Income Trust (NYSE:IQI – Get Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 81,900 shares, an increase of 27.2% from the June 30th total of 64,400 shares. Based on an average daily trading volume, of 137,900 shares, the days-to-cover ratio is currently 0.6 days.
Invesco Quality Municipal Income Trust Price Performance
Invesco Quality Municipal Income Trust stock traded up $0.01 during midday trading on Tuesday, hitting $10.05. 19,916 shares of the company’s stock were exchanged, compared to its average volume of 139,570. Invesco Quality Municipal Income Trust has a 52-week low of $8.05 and a 52-week high of $10.24. The stock has a 50-day moving average price of $9.90 and a two-hundred day moving average price of $9.65.
Invesco Quality Municipal Income Trust Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 16th will be issued a $0.0631 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.53%. The ex-dividend date of this dividend is Tuesday, July 16th.
Hedge Funds Weigh In On Invesco Quality Municipal Income Trust
Invesco Quality Municipal Income Trust Company Profile
Invesco Quality Municipal Income 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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