Invmun Incom (NYSE:OIA) Short Interest Update

Invmun Incom (NYSE:OIA) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 32,365 shares, a drop of 60.4% from the May 31st total of 81,805 shares. Based on an average trading volume of 104,011 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Invmun Incom Trading Up 0.2%

Shares of OIA stock opened at $6.24 on Wednesday. Invmun Incom has a one year low of $5.51 and a one year high of $6.40. The firm has a 50-day moving average of $6.11 and a 200-day moving average of $6.14.

Invmun Incom Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a $0.0291 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a c) annualized dividend and a yield of 5.6%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of OIA. Garton & Associates Financial Advisors LLC purchased a new position in shares of Invmun Incom in the 4th quarter worth about $38,000. Evergreen Capital Management LLC purchased a new stake in Invmun Incom during the fourth quarter worth about $78,000. HRT Financial LP bought a new stake in Invmun Incom in the fourth quarter worth about $83,000. Nuveen LLC bought a new stake in Invmun Incom in the fourth quarter worth about $96,000. Finally, Baird Financial Group Inc. boosted its stake in Invmun Incom by 31.9% in the second quarter. Baird Financial Group Inc. now owns 16,555 shares of the investment management company’s stock valued at $95,000 after acquiring an additional 4,000 shares during the last quarter. Institutional investors own 12.57% of the company’s stock.

About Invmun Incom

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.