Inv Vk Mun Opp (NYSE:VMO) Short Interest Update

Inv Vk Mun Opp (NYSE:VMO) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 123,339 shares, a growth of 97.4% from the November 30th total of 62,471 shares. Based on an average daily trading volume, of 317,068 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 317,068 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Inv Vk Mun Opp

A number of institutional investors have recently modified their holdings of the business. Bank of Montreal Can boosted its stake in Inv Vk Mun Opp by 3.0% during the second quarter. Bank of Montreal Can now owns 41,245 shares of the investment management company’s stock valued at $379,000 after buying an additional 1,190 shares during the period. Riverbridge Partners LLC boosted its position in shares of Inv Vk Mun Opp by 5.3% during the 2nd quarter. Riverbridge Partners LLC now owns 26,289 shares of the investment management company’s stock valued at $241,000 after acquiring an additional 1,323 shares during the last quarter. Wealth Alliance Advisory Group LLC grew its holdings in shares of Inv Vk Mun Opp by 3.6% during the third quarter. Wealth Alliance Advisory Group LLC now owns 58,290 shares of the investment management company’s stock worth $564,000 after purchasing an additional 2,000 shares in the last quarter. Kercheville Advisors LLC increased its position in shares of Inv Vk Mun Opp by 15.6% in the third quarter. Kercheville Advisors LLC now owns 18,567 shares of the investment management company’s stock worth $180,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Formidable Asset Management LLC increased its position in shares of Inv Vk Mun Opp by 14.9% in the third quarter. Formidable Asset Management LLC now owns 21,650 shares of the investment management company’s stock worth $199,000 after purchasing an additional 2,800 shares during the last quarter. 42.57% of the stock is currently owned by hedge funds and other institutional investors.

Inv Vk Mun Opp Stock Up 0.1%

Shares of NYSE VMO traded up $0.01 during trading on Friday, reaching $9.56. 242,653 shares of the stock traded hands, compared to its average volume of 273,395. Inv Vk Mun Opp has a 52-week low of $8.81 and a 52-week high of $9.94. The company has a 50-day moving average of $9.63 and a 200-day moving average of $9.40.

Inv Vk Mun Opp Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.0625 per share. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Tuesday, December 16th.

About Inv Vk Mun Opp

Inv Vk Mun Opp (NYSE: VMO), known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity.

The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.