Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Sees Large Drop in Short Interest

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 22,900 shares, a decrease of 13.6% from the February 13th total of 26,500 shares. Based on an average daily volume of 78,200 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Invesco Pennsylvania Value Municipal Income Trust

Several large investors have recently bought and sold shares of VPV. Sanctuary Advisors LLC acquired a new stake in Invesco Pennsylvania Value Municipal Income Trust in the third quarter valued at approximately $113,000. Walleye Capital LLC acquired a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust during the fourth quarter worth approximately $116,000. Cetera Investment Advisers grew its position in shares of Invesco Pennsylvania Value Municipal Income Trust by 9.1% during the fourth quarter. Cetera Investment Advisers now owns 14,099 shares of the financial services provider’s stock worth $145,000 after buying an additional 1,172 shares in the last quarter. Wolverine Asset Management LLC lifted its stake in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% during the fourth quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 19,052 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new position in Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter worth about $198,000.

Invesco Pennsylvania Value Municipal Income Trust Stock Down 0.1 %

NYSE:VPV traded down $0.01 during trading hours on Wednesday, hitting $10.26. The stock had a trading volume of 32,046 shares, compared to its average volume of 50,180. Invesco Pennsylvania Value Municipal Income Trust has a 1-year low of $9.84 and a 1-year high of $11.41. The business has a 50 day simple moving average of $10.36 and a two-hundred day simple moving average of $10.78.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a $0.0667 dividend. This represents a $0.80 annualized dividend and a yield of 7.80%. The ex-dividend date is Monday, March 17th.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

Invesco Pennsylvania 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.