Short Interest in Invesco Value Municipal Income Trust (NYSE:IIM) Declines By 85.2%

Invesco Value Municipal Income Trust (NYSE:IIM) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 9,700 shares, a decline of 85.2% from the December 31st total of 65,400 shares. Based on an average daily volume of 173,500 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in IIM. Quarry LP increased its stake in shares of Invesco Value Municipal Income Trust by 160.1% during the second quarter. Quarry LP now owns 43,700 shares of the investment management company’s stock valued at $539,000 after buying an additional 26,900 shares during the period. Wagner Wealth Management LLC boosted its holdings in Invesco Value Municipal Income Trust by 27.2% in the third quarter. Wagner Wealth Management LLC now owns 48,662 shares of the investment management company’s stock valued at $627,000 after acquiring an additional 10,397 shares in the last quarter. Signaturefd LLC increased its position in Invesco Value Municipal Income Trust by 1,156.7% during the 3rd quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock valued at $33,000 after purchasing an additional 2,325 shares during the period. Wealth Quarterback LLC raised its holdings in Invesco Value Municipal Income Trust by 1.7% in the 3rd quarter. Wealth Quarterback LLC now owns 54,030 shares of the investment management company’s stock worth $696,000 after purchasing an additional 894 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of Invesco Value Municipal Income Trust by 233.3% in the 3rd quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock worth $26,000 after purchasing an additional 1,400 shares during the period. 20.73% of the stock is owned by hedge funds and other institutional investors.

Invesco Value Municipal Income Trust Stock Down 0.2 %

Shares of IIM stock traded down $0.03 during trading on Tuesday, hitting $11.96. The company had a trading volume of 177,951 shares, compared to its average volume of 166,868. Invesco Value Municipal Income Trust has a 52 week low of $11.28 and a 52 week high of $13.10. The stock’s 50-day moving average is $12.14 and its two-hundred day moving average is $12.46.

Invesco Value Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a $0.0771 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.93 annualized dividend and a dividend yield of 7.74%.

About Invesco Value Municipal Income Trust

Invesco Value 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 (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.