Invvlu Mu Incm (NYSE:IIM) Short Interest Update

by · The Markets Daily

Invvlu Mu Incm (NYSE:IIM – Get Free Report) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 90,035 shares, a decrease of 43.3% from the December 15th total of 158,906 shares. Based on an average trading volume of 192,928 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 192,928 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Davis Investment Partners LLC grew its holdings in Invvlu Mu Incm by 2.0% during the 3rd quarter. Davis Investment Partners LLC now owns 41,436 shares of the investment management company’s stock worth $528,000 after acquiring an additional 802 shares during the last quarter. LexAurum Advisors LLC lifted its holdings in shares of Invvlu Mu Incm by 1.7% during the second quarter. LexAurum Advisors LLC now owns 93,857 shares of the investment management company’s stock worth $1,092,000 after purchasing an additional 1,599 shares during the period. Fortitude Advisory Group L.L.C. lifted its holdings in shares of Invvlu Mu Incm by 8.8% during the third quarter. Fortitude Advisory Group L.L.C. now owns 26,600 shares of the investment management company’s stock worth $334,000 after purchasing an additional 2,144 shares during the period. Cornerstone Wealth Management LLC grew its stake in shares of Invvlu Mu Incm by 16.2% in the third quarter. Cornerstone Wealth Management LLC now owns 16,137 shares of the investment management company’s stock worth $203,000 after purchasing an additional 2,244 shares during the last quarter. Finally, Curio Wealth LLC increased its holdings in Invvlu Mu Incm by 115,000.0% in the second quarter. Curio Wealth LLC now owns 2,302 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 2,300 shares during the period. Institutional investors own 20.73% of the company’s stock.

Invvlu Mu Incm Trading Down 1.2%

IIM stock traded down $0.15 during midday trading on Thursday, reaching $12.42. 119,203 shares of the stock were exchanged, compared to its average volume of 147,229. Invvlu Mu Incm has a 52 week low of $10.96 and a 52 week high of $12.77. The company has a fifty day moving average price of $12.42 and a 200 day moving average price of $12.15.

Invvlu Mu Incm Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be issued a dividend of $0.0771 per share. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Thursday, January 15th.

Invvlu Mu Incm Company Profile

(Get Free Report)

Invesco 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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.

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