Invesco California Value Municipal Income Trust (NYSE:VCV) Short Interest Down 27.6% in March

Invesco California Value Municipal Income Trust (NYSE:VCV) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 213,000 shares, a decrease of 27.6% from the February 28th total of 294,100 shares. Based on an average daily volume of 99,000 shares, the short-interest ratio is presently 2.2 days.

Invesco California Value Municipal Income Trust Trading Down 0.6 %

Shares of VCV traded down $0.06 during mid-day trading on Monday, reaching $10.58. The company had a trading volume of 156,767 shares, compared to its average volume of 120,195. Invesco California Value Municipal Income Trust has a twelve month low of $9.49 and a twelve month high of $11.47. The company’s 50-day moving average is $10.92 and its 200-day moving average is $10.75.

Invesco California Value Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.0646 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.78 annualized dividend and a yield of 7.33%.

Institutional Investors Weigh In On Invesco California Value Municipal Income Trust

Several institutional investors and hedge funds have recently made changes to their positions in VCV. Sanctuary Advisors LLC grew its position in Invesco California Value Municipal Income Trust by 32.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 49,073 shares of the investment management company’s stock worth $507,000 after acquiring an additional 11,938 shares during the last quarter. Cypress Wealth Services LLC acquired a new position in Invesco California Value Municipal Income Trust in the fourth quarter worth $718,000. Pacific Wealth Strategies Group Inc. grew its holdings in shares of Invesco California Value Municipal Income Trust by 3.2% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 81,335 shares of the investment management company’s stock worth $890,000 after purchasing an additional 2,511 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of Invesco California Value Municipal Income Trust by 11.4% in the fourth quarter. D.A. Davidson & CO. now owns 42,465 shares of the investment management company’s stock valued at $465,000 after buying an additional 4,350 shares during the last quarter. Finally, Atria Wealth Solutions Inc. grew its holdings in Invesco California Value Municipal Income Trust by 67.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 255,413 shares of the investment management company’s stock worth $2,794,000 after acquiring an additional 103,126 shares during the last quarter. Institutional investors and hedge funds own 18.80% of the company’s stock.

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.