Invmun Incom (NYSE:OIA) Short Interest Update

Invmun Incom (NYSE:OIA) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 81,402 shares, an increase of 68.3% from the April 30th total of 48,371 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 85,935 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Invmun Incom

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. RFG Advisory LLC lifted its position in shares of Invmun Incom by 10.6% in the first quarter. RFG Advisory LLC now owns 18,199 shares of the investment management company’s stock worth $112,000 after buying an additional 1,740 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Invmun Incom by 6.8% in the first quarter. Royal Bank of Canada now owns 50,167 shares of the investment management company’s stock worth $302,000 after buying an additional 3,210 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of 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 worth $95,000 after buying an additional 4,000 shares during the last quarter. Arlington Capital Management Inc. lifted its position in shares of Invmun Incom by 13.4% in the fourth quarter. Arlington Capital Management Inc. now owns 34,139 shares of the investment management company’s stock worth $205,000 after buying an additional 4,030 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Invmun Incom by 8.0% in the first quarter. Janney Montgomery Scott LLC now owns 62,049 shares of the investment management company’s stock worth $381,000 after buying an additional 4,591 shares during the last quarter. Institutional investors and hedge funds own 12.57% of the company’s stock.

Invmun Incom Price Performance

OIA opened at $6.11 on Thursday. Invmun Incom has a 1 year low of $5.51 and a 1 year high of $6.40. The stock has a fifty day moving average price of $6.11 and a 200 day moving average price of $6.13.

Invmun Incom Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.0291 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 5.7%.

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.