Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Short Interest Up 47.2% in February

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 26,500 shares, a growth of 47.2% from the January 31st total of 18,000 shares. Based on an average trading volume of 82,600 shares, the days-to-cover ratio is currently 0.3 days.

Invesco Pennsylvania Value Municipal Income Trust Price Performance

Shares of NYSE VPV opened at $10.58 on Wednesday. Invesco Pennsylvania Value Municipal Income Trust has a twelve month low of $9.84 and a twelve month high of $11.41. The firm has a 50-day moving average of $10.35 and a two-hundred day moving average of $10.83.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.0667 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 7.57%. The ex-dividend date is Monday, March 17th.

Institutional Investors Weigh In On Invesco Pennsylvania Value Municipal Income Trust

A number of institutional investors and hedge funds have recently bought and sold shares of VPV. Sanctuary Advisors LLC purchased a new stake in Invesco Pennsylvania Value Municipal Income Trust during the third quarter valued at about $113,000. Walleye Capital LLC purchased a new stake in Invesco Pennsylvania Value Municipal Income Trust during the fourth quarter valued at about $116,000. Cetera Investment Advisers lifted its stake in 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 valued at $145,000 after buying an additional 1,172 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Invesco Pennsylvania Value Municipal Income Trust by 1,031.0% during the third quarter. International Assets Investment Management LLC now owns 14,047 shares of the financial services provider’s stock valued at $159,000 after buying an additional 12,805 shares in the last quarter. Finally, 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 valued at $196,000 after buying an additional 19,052 shares in the last quarter.

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.