Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Update

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 39,208 shares, a decline of 14.8% from the March 31st total of 46,040 shares. Based on an average daily trading volume, of 138,387 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Invesco Advantage Municipal Income Trust II Stock Down 0.7%

VKI traded down $0.06 on Friday, reaching $8.74. The stock had a trading volume of 180,407 shares, compared to its average volume of 103,763. Invesco Advantage Municipal Income Trust II has a 12-month low of $8.10 and a 12-month high of $9.60. The business’s 50-day moving average price is $8.99 and its two-hundred day moving average price is $8.98.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 14th were issued a $0.0559 dividend. The ex-dividend date of this dividend was Tuesday, April 14th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

Insiders Place Their Bets

In other news, major shareholder Of America Corp /De/ Bank acquired 3,359 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was bought at an average price of $8.68 per share, with a total value of $29,156.12. Following the completion of the acquisition, the insider owned 3,359 shares of the company’s stock, valued at approximately $29,156.12. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 6.45% of the company’s stock.

Institutional Trading of Invesco Advantage Municipal Income Trust II

A number of institutional investors and hedge funds have recently modified their holdings of VKI. Kestra Advisory Services LLC raised its position in shares of Invesco Advantage Municipal Income Trust II by 334.8% during the 1st quarter. Kestra Advisory Services LLC now owns 24,492 shares of the financial services provider’s stock worth $212,000 after purchasing an additional 18,859 shares during the last quarter. Wealth Care LLC acquired a new position in shares of Invesco Advantage Municipal Income Trust II during the 1st quarter worth about $433,000. Madison Park Capital Advisors LLC raised its position in shares of Invesco Advantage Municipal Income Trust II by 8.3% during the 1st quarter. Madison Park Capital Advisors LLC now owns 45,662 shares of the financial services provider’s stock worth $395,000 after purchasing an additional 3,508 shares during the last quarter. World Investment Advisors raised its position in shares of Invesco Advantage Municipal Income Trust II by 17.7% during the 4th quarter. World Investment Advisors now owns 43,795 shares of the financial services provider’s stock worth $399,000 after purchasing an additional 6,583 shares during the last quarter. Finally, Alpine Global Management LLC raised its position in shares of Invesco Advantage Municipal Income Trust II by 2.8% during the 4th quarter. Alpine Global Management LLC now owns 46,240 shares of the financial services provider’s stock worth $422,000 after purchasing an additional 1,240 shares during the last quarter. Hedge funds and other institutional investors own 27.52% of the company’s stock.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.

The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.