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

Invesco California Value Municipal Income Trust (NYSE:VCV) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 44,500 shares, a decline of 18.2% from the October 15th total of 54,400 shares. Based on an average daily volume of 164,300 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Rothschild Investment LLC purchased a new stake in Invesco California Value Municipal Income Trust during the 2nd quarter worth approximately $34,000. Blue Bell Private Wealth Management LLC purchased a new stake in Invesco California Value Municipal Income Trust during the 2nd quarter worth approximately $38,000. Napa Wealth Management purchased a new stake in Invesco California Value Municipal Income Trust during the 3rd quarter worth approximately $140,000. SteelPeak Wealth LLC purchased a new stake in Invesco California Value Municipal Income Trust during the 3rd quarter worth approximately $144,000. Finally, Cetera Advisors LLC purchased a new stake in shares of Invesco California Value Municipal Income Trust in the 1st quarter valued at $173,000. Hedge funds and other institutional investors own 18.80% of the company’s stock.

Invesco California Value Municipal Income Trust Trading Down 0.4 %

Shares of NYSE:VCV traded down $0.04 during trading hours on Friday, hitting $10.27. The company’s stock had a trading volume of 215,505 shares, compared to its average volume of 115,030. Invesco California Value Municipal Income Trust has a 52 week low of $9.03 and a 52 week high of $11.47. The firm’s fifty day moving average price is $10.69 and its 200 day moving average price is $10.47.

Invesco California Value Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.0646 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date is Friday, November 15th.

About Invesco California Value Municipal Income Trust

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.