Invesco Municipal Trust (NYSE:VKQ – Get Free Report) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 182,500 shares, an increase of 58.1% from the February 13th total of 115,400 shares. Based on an average daily trading volume, of 150,600 shares, the days-to-cover ratio is presently 1.2 days.
Invesco Municipal Trust Price Performance
Shares of VKQ traded up $0.01 during mid-day trading on Friday, hitting $9.82. The company had a trading volume of 154,428 shares, compared to its average volume of 154,595. The business’s 50-day simple moving average is $9.88 and its 200-day simple moving average is $10.00. Invesco Municipal Trust has a 1-year low of $9.15 and a 1-year high of $10.47.
Invesco Municipal Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.0628 per share. The ex-dividend date is Monday, March 17th. This represents a $0.75 dividend on an annualized basis and a yield of 7.68%.
Institutional Inflows and Outflows
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.
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