Short Interest in Invesco Municipal Trust (NYSE:VKQ) Declines By 37.8%

Invesco Municipal Trust (NYSE:VKQ) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 113,500 shares, a decrease of 37.8% from the February 28th total of 182,500 shares. Based on an average trading volume of 143,300 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. LPL Financial LLC increased its position in shares of Invesco Municipal Trust by 296.1% during the fourth quarter. LPL Financial LLC now owns 438,904 shares of the investment management company’s stock worth $4,306,000 after acquiring an additional 328,085 shares in the last quarter. Robinson Capital Management LLC increased its holdings in Invesco Municipal Trust by 36.4% during the 4th quarter. Robinson Capital Management LLC now owns 1,140,860 shares of the investment management company’s stock worth $11,192,000 after purchasing an additional 304,331 shares in the last quarter. Guggenheim Capital LLC raised its stake in shares of Invesco Municipal Trust by 22.5% in the fourth quarter. Guggenheim Capital LLC now owns 1,067,087 shares of the investment management company’s stock worth $10,468,000 after purchasing an additional 196,259 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of Invesco Municipal Trust by 87.9% in the fourth quarter. Advisors Asset Management Inc. now owns 321,839 shares of the investment management company’s stock worth $3,157,000 after purchasing an additional 150,513 shares during the last quarter. Finally, Pathstone Holdings LLC lifted its holdings in shares of Invesco Municipal Trust by 19.4% in the fourth quarter. Pathstone Holdings LLC now owns 823,912 shares of the investment management company’s stock valued at $8,091,000 after purchasing an additional 133,792 shares in the last quarter. 32.00% of the stock is owned by institutional investors.

Invesco Municipal Trust Trading Up 0.2 %

Shares of NYSE VKQ traded up $0.02 during midday trading on Monday, hitting $9.67. 108,253 shares of the stock traded hands, compared to its average volume of 155,043. Invesco Municipal Trust has a one year low of $9.15 and a one year high of $10.47. The business has a 50 day moving average price of $9.86 and a two-hundred day moving average price of $9.96.

Invesco Municipal Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.0628 per share. The ex-dividend date is Wednesday, April 16th. This represents a $0.75 dividend on an annualized basis and a yield of 7.79%.

About Invesco Municipal Trust

Invesco Municipal 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.