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 decrease in short interest in February. As of February 28th, there was short interest totalling 79,100 shares, a decrease of 38.2% from the February 13th total of 128,000 shares. Based on an average daily trading volume, of 145,300 shares, the short-interest ratio is currently 0.5 days.

Invesco Advantage Municipal Income Trust II Trading Up 0.2 %

Shares of VKI stock traded up $0.02 during trading hours on Friday, reaching $8.70. 150,282 shares of the company’s stock were exchanged, compared to its average volume of 131,975. The business’s 50 day simple moving average is $8.77. Invesco Advantage Municipal Income Trust II has a 1 year low of $8.14 and a 1 year high of $9.42.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.0559 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date is Monday, March 17th.

Institutional Investors Weigh In On Invesco Advantage Municipal Income Trust II

Institutional investors and hedge funds have recently modified their holdings of the company. FSA Wealth Management LLC acquired a new stake in Invesco Advantage Municipal Income Trust II during the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. raised its position in shares of Invesco Advantage Municipal Income Trust II by 37.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 10,317 shares of the financial services provider’s stock worth $90,000 after buying an additional 2,800 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the 3rd quarter worth $93,000. Permanent Capital Management LP purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter worth $94,000. Finally, Larson Financial Group LLC raised its position in Invesco Advantage Municipal Income Trust II by 232.4% in the third quarter. Larson Financial Group LLC now owns 11,300 shares of the financial services provider’s stock valued at $105,000 after purchasing an additional 7,900 shares during the period. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Company Profile

Invesco Advantage Municipal Income Trust II 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.