Invesco Quality Municipal Income Trust (NYSE:IQI) Short Interest Update

Invesco Quality Municipal Income Trust (NYSE:IQI) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 97,500 shares, a decrease of 5.3% from the November 15th total of 103,000 shares. Based on an average trading volume of 188,100 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco Quality Municipal Income Trust

Institutional investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC purchased a new position in Invesco Quality Municipal Income Trust during the second quarter valued at $33,000. International Assets Investment Management LLC purchased a new position in Invesco Quality Municipal Income Trust in the 2nd quarter valued at about $35,000. US Bancorp DE acquired a new stake in Invesco Quality Municipal Income Trust in the 3rd quarter worth about $45,000. Kercheville Advisors LLC purchased a new stake in Invesco Quality Municipal Income Trust during the 3rd quarter worth approximately $115,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Invesco Quality Municipal Income Trust during the third quarter valued at approximately $142,000.

Invesco Quality Municipal Income Trust Stock Performance

Shares of Invesco Quality Municipal Income Trust stock opened at $9.86 on Wednesday. The business has a 50-day moving average price of $10.12 and a 200 day moving average price of $10.13. Invesco Quality Municipal Income Trust has a twelve month low of $9.23 and a twelve month high of $10.53.

Invesco Quality Municipal Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be paid a dividend of $0.0631 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.68%. The ex-dividend date of this dividend is Tuesday, December 17th.

About Invesco Quality Municipal Income Trust

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.