Invesco Municipal Trust (NYSE:VKQ) Short Interest Down 21.7% in December

Invesco Municipal Trust (NYSE:VKQ) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 58,100 shares, a decrease of 21.7% from the November 30th total of 74,200 shares. Based on an average trading volume of 203,800 shares, the short-interest ratio is currently 0.3 days.

Invesco Municipal Trust Stock Performance

NYSE:VKQ opened at $9.63 on Tuesday. Invesco Municipal Trust has a 52-week low of $9.15 and a 52-week high of $10.47. The stock’s 50 day moving average price is $9.97 and its 200 day moving average price is $10.05.

Invesco Municipal Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be given a dividend of $0.0628 per share. The ex-dividend date of this dividend is Tuesday, December 17th.

Hedge Funds Weigh In On Invesco Municipal Trust

A number of institutional investors have recently modified their holdings of the business. Pathstone Holdings LLC increased its position in Invesco Municipal Trust by 37.2% in the 3rd quarter. Pathstone Holdings LLC now owns 690,120 shares of the investment management company’s stock valued at $7,081,000 after acquiring an additional 187,221 shares during the period. Stratos Wealth Advisors LLC increased its holdings in shares of Invesco Municipal Trust by 88.1% in the third quarter. Stratos Wealth Advisors LLC now owns 207,716 shares of the investment management company’s stock valued at $2,131,000 after purchasing an additional 97,273 shares during the period. Capital Investment Advisors LLC raised its stake in shares of Invesco Municipal Trust by 2.1% during the third quarter. Capital Investment Advisors LLC now owns 174,514 shares of the investment management company’s stock worth $1,791,000 after purchasing an additional 3,672 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco Municipal Trust by 36.7% during the second quarter. Commonwealth Equity Services LLC now owns 156,701 shares of the investment management company’s stock worth $1,561,000 after purchasing an additional 42,096 shares during the period. Finally, JFS Wealth Advisors LLC lifted its holdings in shares of Invesco Municipal Trust by 1,624.1% during the third quarter. JFS Wealth Advisors LLC now owns 144,206 shares of the investment management company’s stock worth $1,480,000 after purchasing an additional 135,842 shares during the period. 32.00% of the stock is owned by institutional investors and hedge funds.

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.