Short Interest in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Declines By 13.6%

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 22,900 shares, a decline of 13.6% from the February 13th total of 26,500 shares. Based on an average daily trading volume, of 78,200 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Invesco Pennsylvania Value Municipal Income Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC lifted its holdings in Invesco Pennsylvania Value Municipal Income Trust by 12.6% in the 3rd quarter. Rivernorth Capital Management LLC now owns 534,737 shares of the financial services provider’s stock valued at $6,048,000 after acquiring an additional 59,736 shares during the last quarter. Robinson Capital Management LLC acquired a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at about $1,743,000. Yakira Capital Management Inc. increased its stake in Invesco Pennsylvania Value Municipal Income Trust by 26.3% in the 4th quarter. Yakira Capital Management Inc. now owns 59,968 shares of the financial services provider’s stock valued at $617,000 after buying an additional 12,492 shares during the period. LPL Financial LLC increased its stake in shares of Invesco Pennsylvania Value Municipal Income Trust by 5.0% in the fourth quarter. LPL Financial LLC now owns 38,626 shares of the financial services provider’s stock worth $397,000 after acquiring an additional 1,826 shares during the last quarter. Finally, CF Capital LLC acquired a new position in Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter worth about $390,000.

Invesco Pennsylvania Value Municipal Income Trust Price Performance

Shares of VPV stock opened at $10.36 on Friday. Invesco Pennsylvania Value Municipal Income Trust has a 12-month low of $9.84 and a 12-month high of $11.41. The business has a 50 day simple moving average of $10.36 and a 200 day simple moving average of $10.78.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a $0.0667 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 7.73%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

Invesco Pennsylvania 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.