Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Down 12.9% in January

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 269,504 shares, a drop of 12.9% from the December 31st total of 309,250 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 123,382 shares, the days-to-cover ratio is presently 2.2 days. Based on an average trading volume of 123,382 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.6% of the shares of the stock are short sold.

Insider Activity at Invesco Advantage Municipal Income Trust II

In other Invesco Advantage Municipal Income Trust II news, major shareholder Of America Corp /De/ Bank acquired 8,531 shares of the stock in a transaction dated Friday, January 2nd. The stock was purchased at an average cost of $9.08 per share, for a total transaction of $77,461.48. Following the acquisition, the insider owned 8,531 shares in the company, valued at $77,461.48. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 6.45% of the company’s stock.

Institutional Investors Weigh In On Invesco Advantage Municipal Income Trust II

A number of large investors have recently modified their holdings of VKI. Advisors Asset Management Inc. lifted its stake in shares of Invesco Advantage Municipal Income Trust II by 66.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 331,042 shares of the financial services provider’s stock valued at $2,771,000 after purchasing an additional 131,905 shares during the period. Hennion & Walsh Asset Management Inc. boosted its stake in Invesco Advantage Municipal Income Trust II by 26.8% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 602,604 shares of the financial services provider’s stock worth $5,285,000 after acquiring an additional 127,491 shares in the last quarter. Whipplewood Advisors LLC increased its stake in shares of Invesco Advantage Municipal Income Trust II by 42.4% during the second quarter. Whipplewood Advisors LLC now owns 108,811 shares of the financial services provider’s stock valued at $911,000 after purchasing an additional 32,407 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in shares of Invesco Advantage Municipal Income Trust II in the 2nd quarter worth approximately $197,000. Finally, Savant Capital LLC bought a new position in Invesco Advantage Municipal Income Trust II during the 2nd quarter valued at approximately $115,000. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Trading Down 0.2%

NYSEAMERICAN VKI opened at $8.92 on Thursday. Invesco Advantage Municipal Income Trust II has a fifty-two week low of $7.89 and a fifty-two week high of $9.25. The stock has a 50 day simple moving average of $8.97 and a two-hundred day simple moving average of $8.75.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.0559 per share. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Tuesday, February 17th.

Invesco Advantage Municipal Income Trust II Company Profile

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.

The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.