Invvlu Mu Incm (NYSE:IIM) Short Interest Update

Invvlu Mu Incm (NYSE:IIM) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 90,035 shares, a decline of 43.3% from the December 15th total of 158,906 shares. Based on an average daily trading volume, of 192,928 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 192,928 shares, the short-interest ratio is currently 0.5 days.

Invvlu Mu Incm Price Performance

Shares of IIM traded down $0.15 during mid-day trading on Thursday, reaching $12.42. 119,203 shares of the company were exchanged, compared to its average volume of 147,229. Invvlu Mu Incm has a 52 week low of $10.96 and a 52 week high of $12.77. The business has a 50 day simple moving average of $12.42 and a two-hundred day simple moving average of $12.15.

Invvlu Mu Incm Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be issued a dividend of $0.0771 per share. The ex-dividend date is Thursday, January 15th. This represents a c) annualized dividend and a yield of 7.5%.

Institutional Investors Weigh In On Invvlu Mu Incm

Institutional investors have recently modified their holdings of the company. Davis Investment Partners LLC lifted its holdings in Invvlu Mu Incm by 2.0% in the third quarter. Davis Investment Partners LLC now owns 41,436 shares of the investment management company’s stock valued at $528,000 after buying an additional 802 shares during the period. LexAurum Advisors LLC grew its holdings in Invvlu Mu Incm by 1.7% during the 2nd quarter. LexAurum Advisors LLC now owns 93,857 shares of the investment management company’s stock worth $1,092,000 after acquiring an additional 1,599 shares during the period. Fortitude Advisory Group L.L.C. raised its position in shares of Invvlu Mu Incm by 8.8% in the 3rd quarter. Fortitude Advisory Group L.L.C. now owns 26,600 shares of the investment management company’s stock worth $334,000 after acquiring an additional 2,144 shares in the last quarter. Cornerstone Wealth Management LLC raised its position in shares of Invvlu Mu Incm by 16.2% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 16,137 shares of the investment management company’s stock worth $203,000 after acquiring an additional 2,244 shares in the last quarter. Finally, Curio Wealth LLC lifted its stake in shares of Invvlu Mu Incm by 115,000.0% in the 2nd quarter. Curio Wealth LLC now owns 2,302 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 2,300 shares during the period. 20.73% of the stock is owned by institutional investors.

About Invvlu Mu Incm

Invesco 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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.