Invesco Municipal Trust (NYSE:VKQ) Short Interest Update

Invesco Municipal Trust (NYSE:VKQ) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 136,100 shares, an increase of 2,168.3% from the October 15th total of 6,000 shares. Based on an average trading volume of 195,900 shares, the days-to-cover ratio is currently 0.7 days.

Invesco Municipal Trust Trading Down 0.4 %

NYSE VKQ traded down $0.04 on Thursday, reaching $10.10. The company had a trading volume of 78,143 shares, compared to its average volume of 158,645. The stock’s 50 day moving average is $10.16 and its 200-day moving average is $9.99. Invesco Municipal Trust has a 52 week low of $8.83 and a 52 week high of $10.47.

Invesco Municipal Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.0628 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.75 dividend on an annualized basis and a yield of 7.46%.

Institutional Investors Weigh In On Invesco Municipal Trust

Several large investors have recently modified their holdings of the business. Wealth Alliance Advisory Group LLC increased its holdings in shares of Invesco Municipal Trust by 3.3% in the second quarter. Wealth Alliance Advisory Group LLC now owns 57,109 shares of the investment management company’s stock worth $569,000 after acquiring an additional 1,803 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Invesco Municipal Trust by 2.3% during the third quarter. Rockefeller Capital Management L.P. now owns 87,568 shares of the investment management company’s stock worth $898,000 after buying an additional 1,965 shares during the period. Avior Wealth Management LLC boosted its position in shares of Invesco Municipal Trust by 19.2% during the third quarter. Avior Wealth Management LLC now owns 19,647 shares of the investment management company’s stock worth $202,000 after buying an additional 3,158 shares during the period. Capital Investment Advisors LLC boosted its position in shares of Invesco Municipal Trust by 2.1% during the third quarter. Capital Investment Advisors LLC now owns 174,514 shares of the investment management company’s stock worth $1,791,000 after buying an additional 3,672 shares during the period. Finally, Madison Park Capital Advisors LLC boosted its position in shares of Invesco Municipal Trust by 19.1% during the third quarter. Madison Park Capital Advisors LLC now owns 31,360 shares of the investment management company’s stock worth $322,000 after buying an additional 5,025 shares during the period. 32.00% of the stock is currently owned by institutional investors.

About Invesco Municipal Trust

Invesco Municipal 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.