Invesco California Value Municipal Income Trust (NYSE:VCV) Short Interest Update

Invesco California Value Municipal Income Trust (NYSE:VCV) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 215,400 shares, a growth of 741.4% from the November 30th total of 25,600 shares. Based on an average daily trading volume, of 187,400 shares, the days-to-cover ratio is currently 1.1 days.

Invesco California Value Municipal Income Trust Stock Up 0.7 %

NYSE VCV traded up $0.07 during trading on Thursday, reaching $10.74. 117,131 shares of the company traded hands, compared to its average volume of 123,251. Invesco California Value Municipal Income Trust has a 1-year low of $9.49 and a 1-year high of $11.47. The stock’s 50 day moving average price is $10.44 and its two-hundred day moving average price is $10.61.

Invesco California Value Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be issued a dividend of $0.0646 per share. The ex-dividend date is Tuesday, December 17th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.22%.

Institutional Investors Weigh In On Invesco California Value Municipal Income Trust

Several large investors have recently made changes to their positions in VCV. Rothschild Investment LLC acquired a new stake in shares of Invesco California Value Municipal Income Trust during the second quarter worth approximately $34,000. Blue Bell Private Wealth Management LLC acquired a new position in Invesco California Value Municipal Income Trust in the second quarter worth $38,000. Napa Wealth Management bought a new stake in shares of Invesco California Value Municipal Income Trust during the third quarter worth $140,000. SteelPeak Wealth LLC acquired a new stake in shares of Invesco California Value Municipal Income Trust in the third quarter valued at $144,000. Finally, Vanguard Capital Wealth Advisors raised its holdings in shares of Invesco California Value Municipal Income Trust by 42.9% in the second quarter. Vanguard Capital Wealth Advisors now owns 20,000 shares of the investment management company’s stock valued at $208,000 after buying an additional 6,000 shares during the last quarter. Institutional investors own 18.80% of the company’s stock.

About Invesco California Value Municipal Income Trust

Invesco California 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.