Invvlu Mu Incm (NYSE:IIM – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 39,043 shares, a decline of 79.4% from the September 15th total of 189,465 shares. Based on an average daily trading volume, of 300,040 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.
Institutional Trading of Invvlu Mu Incm
A number of hedge funds have recently bought and sold shares of IIM. Fortitude Advisory Group L.L.C. grew its holdings in Invvlu Mu Incm by 7.2% in the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 28,520 shares of the investment management company’s stock valued at $363,000 after buying an additional 1,920 shares during the period. Hollencrest Capital Management increased its stake in shares of Invvlu Mu Incm by 12.5% during the 1st quarter. Hollencrest Capital Management now owns 18,180 shares of the investment management company’s stock valued at $221,000 after acquiring an additional 2,013 shares during the last quarter. Allworth Financial LP purchased a new position in shares of Invvlu Mu Incm during the 2nd quarter worth about $34,000. Concurrent Investment Advisors LLC lifted its holdings in shares of Invvlu Mu Incm by 24.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 30,431 shares of the investment management company’s stock worth $387,000 after acquiring an additional 6,000 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of Invvlu Mu Incm by 2.8% during the 2nd quarter. Van ECK Associates Corp now owns 269,300 shares of the investment management company’s stock worth $3,428,000 after acquiring an additional 7,307 shares during the period. Institutional investors and hedge funds own 20.73% of the company’s stock.
Invvlu Mu Incm Price Performance
NYSE:IIM traded down $0.03 during trading hours on Tuesday, reaching $10.65. 15,266 shares of the company traded hands, compared to its average volume of 139,562. The firm’s 50-day moving average is $11.97 and its 200-day moving average is $12.27. Invvlu Mu Incm has a 1-year low of $10.27 and a 1-year high of $13.17.
Invvlu Mu Incm Increases Dividend
Invvlu Mu Incm Company Profile
Invesco Municipal Income Opportunities Trust (NYSE: IIM) is a closed-end management investment company focused on generating current income that is generally exempt from federal income tax. Unlike an operating company, the trust does not sell products or services directly to consumers; it invests in a portfolio of municipal securities.
The trust primarily invests in debt obligations issued by states, municipalities and other governmental entities in the United States. These securities may help finance public infrastructure and services, such as transportation, education, healthcare and utilities.
Featured Stories
- Five stocks we like better than Invvlu Mu Incm
- A Silent Winner: Texas Instruments Anchors the AI Supercycle
- Amazon’s $220 Billion AI Bet Is Getting Bigger—Can Earnings Justify the Spending?
- Enlisting Capital: Wolfspeed’s Defense Deal
- Ag Equipment’s Recovery Trade Meets Washington’s Scrutiny
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.
