Invesco Municipal Trust (NYSE:VKQ – Get Free Report) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 182,500 shares, a growth of 58.1% from the February 13th total of 115,400 shares. Based on an average daily trading volume, of 150,600 shares, the days-to-cover ratio is presently 1.2 days.
Invesco Municipal Trust Trading Down 0.7 %
Shares of VKQ traded down $0.07 during midday trading on Monday, hitting $9.69. The stock had a trading volume of 99,216 shares, compared to its average volume of 123,671. The stock’s 50 day moving average is $9.88 and its 200 day moving average is $10.00. Invesco Municipal Trust has a 1 year low of $9.15 and a 1 year high of $10.47.
Invesco Municipal Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.0628 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date of this dividend is Monday, March 17th.
Hedge Funds Weigh In On Invesco Municipal Trust
Invesco Municipal Trust Company Profile
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.
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