Invesco Municipal Opportunity Trust (NYSE:VMO) Short Interest Update

Invesco Municipal Opportunity Trust (NYSE:VMO) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 56,700 shares, a growth of 139.2% from the February 13th total of 23,700 shares. Based on an average trading volume of 266,800 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of VMO. Raymond James Financial Inc. purchased a new position in shares of Invesco Municipal Opportunity Trust during the fourth quarter worth $7,598,000. Robinson Capital Management LLC boosted its position in shares of Invesco Municipal Opportunity Trust by 44.1% during the fourth quarter. Robinson Capital Management LLC now owns 1,697,121 shares of the investment management company’s stock worth $16,496,000 after buying an additional 519,405 shares during the period. Rivernorth Capital Management LLC boosted its position in shares of Invesco Municipal Opportunity Trust by 26.2% during the third quarter. Rivernorth Capital Management LLC now owns 2,367,527 shares of the investment management company’s stock worth $24,315,000 after buying an additional 491,922 shares during the period. LPL Financial LLC boosted its position in shares of Invesco Municipal Opportunity Trust by 214.7% during the fourth quarter. LPL Financial LLC now owns 452,242 shares of the investment management company’s stock worth $4,396,000 after buying an additional 308,518 shares during the period. Finally, Guggenheim Capital LLC boosted its position in shares of Invesco Municipal Opportunity Trust by 48.2% during the fourth quarter. Guggenheim Capital LLC now owns 945,263 shares of the investment management company’s stock worth $9,188,000 after buying an additional 307,338 shares during the period. 42.57% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Municipal Opportunity Trust Trading Up 0.2 %

Invesco Municipal Opportunity Trust stock traded up $0.02 during mid-day trading on Friday, hitting $9.61. The company’s stock had a trading volume of 224,316 shares, compared to its average volume of 224,575. Invesco Municipal Opportunity Trust has a 1 year low of $9.22 and a 1 year high of $10.39. The stock’s fifty day moving average is $9.75 and its two-hundred day moving average is $9.92.

Invesco Municipal Opportunity Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.75 annualized dividend and a dividend yield of 7.81%.

Invesco Municipal Opportunity Trust Company Profile

Invesco Municipal Opportunity 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.