Invesco Municipal Trust (NYSE:VKQ) Short Interest Down 23.0% in January

Invesco Municipal Trust (NYSE:VKQ) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 77,000 shares, a decrease of 23.0% from the January 15th total of 100,000 shares. Based on an average daily trading volume, of 154,500 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. LPL Financial LLC lifted its stake in Invesco Municipal Trust by 296.1% in the 4th quarter. LPL Financial LLC now owns 438,904 shares of the investment management company’s stock valued at $4,306,000 after acquiring an additional 328,085 shares in the last quarter. Robinson Capital Management LLC grew its stake in shares of 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 acquiring an additional 304,331 shares in the last quarter. Guggenheim Capital LLC raised its holdings 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 valued at $10,468,000 after purchasing an additional 196,259 shares during the last quarter. Pathstone Holdings LLC lifted its position in shares of Invesco Municipal Trust by 37.2% in the third quarter. Pathstone Holdings LLC now owns 690,120 shares of the investment management company’s stock worth $7,081,000 after purchasing an additional 187,221 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in Invesco Municipal Trust by 87.9% during 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. 32.00% of the stock is owned by institutional investors and hedge funds.

Invesco Municipal Trust Stock Up 0.5 %

Shares of VKQ opened at $9.89 on Friday. Invesco Municipal Trust has a twelve month low of $9.15 and a twelve month high of $10.47. The firm’s 50 day moving average price is $9.83 and its two-hundred day moving average price is $10.02.

Invesco Municipal Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be issued a $0.0628 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.62%.

Invesco Municipal Trust Company Profile

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.