DWS Municipal Income Trust (NYSE:KTF) Short Interest Update

DWS Municipal Income Trust (NYSE:KTF) saw a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 12,246 shares, a decrease of 28.0% from the January 29th total of 17,005 shares. Based on an average daily volume of 97,360 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 97,360 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of DWS Municipal Income Trust

Hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC acquired a new position in DWS Municipal Income Trust during the fourth quarter valued at approximately $25,000. Gridiron Partners LLC boosted its position in shares of DWS Municipal Income Trust by 3,970.6% during the third quarter. Gridiron Partners LLC now owns 425,178 shares of the investment management company’s stock worth $39,000 after purchasing an additional 414,733 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. acquired a new position in shares of DWS Municipal Income Trust in the 4th quarter valued at $89,000. GM Advisory Group LLC bought a new stake in shares of DWS Municipal Income Trust in the 4th quarter valued at $93,000. Finally, Thrivent Financial for Lutherans bought a new stake in shares of DWS Municipal Income Trust in the 3rd quarter valued at $107,000. 57.71% of the stock is currently owned by institutional investors and hedge funds.

DWS Municipal Income Trust Trading Up 0.4%

Shares of NYSE:KTF opened at $9.23 on Friday. The company has a 50 day moving average of $9.12 and a 200-day moving average of $9.10. DWS Municipal Income Trust has a one year low of $8.48 and a one year high of $9.77.

DWS Municipal Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a dividend of $0.061 per share. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 7.9%.

About DWS Municipal Income Trust

DWS Municipal Income Trust (NYSE: KTF) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from regular federal income tax. Established in 2002, the fund is managed by DWS Group, a global asset management firm and affiliate of Deutsche Bank, and trades on the New York Stock Exchange under the ticker symbol KTF. Its structure allows investors access to a diversified portfolio of municipal securities with the potential for tax-advantaged income distributions.

The trust’s investment strategy focuses primarily on investment-grade municipal bonds issued by U.S.