Invvlu Mu Incm (NYSE:IIM – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 267,493 shares, an increase of 78.1% from the June 30th total of 150,154 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 94,083 shares, the days-to-cover ratio is currently 2.8 days.
Institutional Investors Weigh In On Invvlu Mu Incm
Hedge funds have recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. boosted its position in Invvlu Mu Incm by 63.2% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 1,162,995 shares of the investment management company’s stock valued at $14,805,000 after buying an additional 450,450 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of Invvlu Mu Incm in the first quarter valued at approximately $2,849,000. Quantinno Capital Management LP bought a new position in shares of Invvlu Mu Incm in the first quarter valued at approximately $150,000. Cetera Investment Advisers boosted its holdings in shares of Invvlu Mu Incm by 8.3% in the 1st quarter. Cetera Investment Advisers now owns 170,394 shares of the investment management company’s stock worth $2,072,000 after acquiring an additional 13,028 shares in the last quarter. Finally, Hollencrest Capital Management boosted its holdings in shares of Invvlu Mu Incm by 12.5% in the 1st quarter. Hollencrest Capital Management now owns 18,180 shares of the investment management company’s stock worth $221,000 after acquiring an additional 2,013 shares in the last quarter. Institutional investors and hedge funds own 20.73% of the company’s stock.
Invvlu Mu Incm Stock Performance
Invvlu Mu Incm stock traded down $0.01 during mid-day trading on Friday, hitting $12.52. 96,038 shares of the company were exchanged, compared to its average volume of 129,895. The business has a fifty day moving average of $12.61 and a 200 day moving average of $12.51. Invvlu Mu Incm has a 1-year low of $11.33 and a 1-year high of $13.17.
Invvlu Mu Incm Dividend Announcement
Invvlu Mu Incm Company Profile
Invesco 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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.
See Also
- Five stocks we like better than Invvlu Mu Incm
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Invvlu Mu Incm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invvlu Mu Incm and related companies with MarketBeat.com's FREE daily email newsletter.
