Invesco California Value Municipal Income Trust (NYSE:VCV) Short Interest Update

Invesco California Value Municipal Income Trust (NYSE:VCVGet Free Report) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 277,300 shares, a decline of 23.1% from the January 15th total of 360,700 shares. Based on an average trading volume of 155,400 shares, the days-to-cover ratio is currently 1.8 days.

Invesco California Value Municipal Income Trust Trading Up 0.5 %

Shares of VCV stock traded up $0.06 on Friday, reaching $11.10. 48,878 shares of the stock were exchanged, compared to its average volume of 90,653. Invesco California Value Municipal Income Trust has a one year low of $9.49 and a one year high of $11.47. The stock has a 50 day moving average price of $10.89 and a 200 day moving average price of $10.75.

Invesco California Value Municipal Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.0646 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 6.99%.

Institutional Investors Weigh In On Invesco California Value Municipal Income Trust

A number of institutional investors and hedge funds have recently made changes to their positions in VCV. Atria Wealth Solutions Inc. increased its holdings in Invesco California Value Municipal Income Trust by 67.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 255,413 shares of the investment management company’s stock valued at $2,794,000 after purchasing an additional 103,126 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Invesco California Value Municipal Income Trust by 15.9% in the fourth quarter. Wells Fargo & Company MN now owns 513,271 shares of the investment management company’s stock valued at $5,615,000 after purchasing an additional 70,560 shares during the last quarter. Cypress Wealth Services LLC bought a new stake in Invesco California Value Municipal Income Trust in the fourth quarter valued at about $718,000. Raymond James Financial Inc. bought a new stake in Invesco California Value Municipal Income Trust in the fourth quarter valued at about $606,000. Finally, NewEdge Advisors LLC acquired a new position in Invesco California Value Municipal Income Trust in the fourth quarter valued at about $430,000. Institutional investors own 18.80% of the company’s stock.

About Invesco California Value Municipal Income Trust

(Get Free Report)

Invesco California 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.

Featured Stories

Receive News & Ratings for Invesco California Value Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco California Value Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.