Invmun Incom (NYSE:OIA) Sees Significant Drop in Short Interest

Invmun Incom (NYSE:OIAGet Free Report) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 16,095 shares, a drop of 79.9% from the July 30th total of 79,999 shares. Based on an average daily trading volume, of 150,036 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Invmun Incom

Institutional investors have recently modified their holdings of the business. Garton & Associates Financial Advisors LLC bought a new position in Invmun Incom in the fourth quarter worth about $38,000. Evergreen Capital Management LLC acquired a new stake in shares of Invmun Incom during the 4th quarter worth approximately $78,000. HRT Financial LP bought a new stake in shares of Invmun Incom in the 4th quarter worth approximately $83,000. Baird Financial Group Inc. lifted its holdings in shares of Invmun Incom by 31.9% in the 2nd quarter. Baird Financial Group Inc. now owns 16,555 shares of the investment management company’s stock worth $95,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Nuveen LLC acquired a new position in Invmun Incom during the 4th quarter valued at approximately $96,000. Institutional investors own 12.57% of the company’s stock.

Invmun Incom Stock Performance

Shares of NYSE OIA remained flat at $6.05 during trading on Friday. The stock had a trading volume of 104,995 shares, compared to its average volume of 126,950. Invmun Incom has a 1-year low of $5.66 and a 1-year high of $6.40. The stock has a 50 day simple moving average of $6.12 and a 200 day simple moving average of $6.14.

Invmun Incom Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.0291 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, August 17th.

Invmun Incom Company Profile

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Invesco Municipal Income Opportunities 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. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds rated BB or better by Standard & Poor's or Ba or better by Moody's.

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