Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Update

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 117,295 shares, an increase of 28.9% from the February 12th total of 91,027 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 117,480 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 117,480 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.3% of the company’s shares are sold short.

Insider Activity

In other news, major shareholder Of America Corp /De/ Bank acquired 8,531 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was purchased at an average price of $9.08 per share, with a total value of $77,461.48. Following the completion of the acquisition, the insider owned 8,531 shares of the company’s stock, valued at $77,461.48. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 6.45% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its stake in Invesco Advantage Municipal Income Trust II by 15.9% during the first quarter. Royal Bank of Canada now owns 35,040 shares of the financial services provider’s stock worth $300,000 after purchasing an additional 4,811 shares in the last quarter. Savant Capital LLC purchased a new stake in shares of Invesco Advantage Municipal Income Trust II in the 2nd quarter valued at $115,000. Rockefeller Capital Management L.P. lifted its stake in Invesco Advantage Municipal Income Trust II by 2.0% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 65,890 shares of the financial services provider’s stock worth $552,000 after acquiring an additional 1,323 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in Invesco Advantage Municipal Income Trust II by 66.2% during 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 acquiring an additional 131,905 shares during the period. Finally, Guggenheim Capital LLC boosted its holdings in Invesco Advantage Municipal Income Trust II by 1.0% during the 2nd quarter. Guggenheim Capital LLC now owns 1,045,022 shares of the financial services provider’s stock valued at $8,747,000 after acquiring an additional 9,848 shares during the period. 27.52% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Advantage Municipal Income Trust II Stock Performance

NYSEAMERICAN:VKI traded up $0.08 on Friday, hitting $9.33. The stock had a trading volume of 90,549 shares, compared to its average volume of 109,493. The company has a fifty day moving average price of $9.18 and a two-hundred day moving average price of $8.94. Invesco Advantage Municipal Income Trust II has a 1-year low of $7.89 and a 1-year high of $9.45.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $0.0559 dividend. The ex-dividend date is Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 7.2%.

About Invesco Advantage Municipal Income Trust II

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.