Invvlu Mu Incm (NYSE:IIM) Short Interest Update

Invvlu Mu Incm (NYSE:IIM) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 41,433 shares, a decrease of 34.4% from the January 15th total of 63,159 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 132,798 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 132,798 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Invvlu Mu Incm Trading Up 0.7%

Shares of IIM opened at $12.80 on Friday. Invvlu Mu Incm has a 1-year low of $10.96 and a 1-year high of $12.81. The company has a 50-day moving average of $12.39 and a 200 day moving average of $12.27.

Invvlu Mu Incm Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.0771 per share. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Tuesday, February 17th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Curio Wealth LLC increased its holdings in Invvlu Mu Incm by 115,000.0% during the 2nd quarter. Curio Wealth LLC now owns 2,302 shares of the investment management company’s stock worth $27,000 after purchasing an additional 2,300 shares during the period. Aventura Private Wealth LLC purchased a new stake in shares of Invvlu Mu Incm in the 4th quarter worth $43,000. Atlantic Union Bankshares Corp bought a new position in shares of Invvlu Mu Incm during the 2nd quarter worth $50,000. Smartleaf Asset Management LLC purchased a new position in shares of Invvlu Mu Incm during the third quarter valued at $54,000. Finally, Allworth Financial LP increased its stake in shares of Invvlu Mu Incm by 132.6% during the second quarter. Allworth Financial LP now owns 5,323 shares of the investment management company’s stock valued at $62,000 after buying an additional 3,035 shares during the period. Institutional investors own 20.73% of the company’s stock.

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.