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

Inv Vk Mun Opp (NYSE:VMO) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 112,966 shares, a decline of 20.9% from the March 31st total of 142,814 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 248,526 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VMO. Rivernorth Capital Management LLC boosted its position in shares of Inv Vk Mun Opp by 9.1% during the 4th quarter. Rivernorth Capital Management LLC now owns 4,042,713 shares of the investment management company’s stock valued at $38,689,000 after purchasing an additional 335,856 shares in the last quarter. LPL Financial LLC increased its holdings in Inv Vk Mun Opp by 11.6% in the fourth quarter. LPL Financial LLC now owns 1,075,653 shares of the investment management company’s stock worth $10,294,000 after purchasing an additional 112,110 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Inv Vk Mun Opp by 25.6% in the third quarter. Ameriprise Financial Inc. now owns 938,612 shares of the investment management company’s stock worth $9,084,000 after purchasing an additional 191,183 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Inv Vk Mun Opp by 42.8% in the fourth quarter. Advisors Asset Management Inc. now owns 637,733 shares of the investment management company’s stock valued at $6,103,000 after buying an additional 191,246 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in Inv Vk Mun Opp by 30.7% in the fourth quarter. Wells Fargo & Company MN now owns 591,204 shares of the investment management company’s stock valued at $5,658,000 after buying an additional 138,904 shares during the period. 42.57% of the stock is owned by institutional investors.

Inv Vk Mun Opp Trading Down 0.6%

VMO opened at $9.64 on Friday. Inv Vk Mun Opp has a twelve month low of $8.90 and a twelve month high of $10.10. The company has a fifty day moving average of $9.71 and a 200-day moving average of $9.69.

Inv Vk Mun Opp Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 14th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, April 14th. This represents a c) dividend on an annualized basis and a yield of 7.8%.

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.