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

Inv Vk Mun Opp (NYSE:VMO) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 123,339 shares, an increase of 97.4% from the November 30th total of 62,471 shares. Based on an average daily volume of 317,068 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 317,068 shares, the short-interest ratio is presently 0.4 days.

Inv Vk Mun Opp Trading Up 0.1%

Shares of NYSE VMO traded up $0.01 during trading hours on Friday, hitting $9.56. The stock had a trading volume of 242,653 shares, compared to its average volume of 273,395. The firm’s 50-day moving average price is $9.63 and its two-hundred day moving average price is $9.40. Inv Vk Mun Opp has a 52 week low of $8.81 and a 52 week high of $9.94.

Inv Vk Mun Opp Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.0625 per share. The ex-dividend date is Tuesday, December 16th. This represents a c) annualized dividend and a dividend yield of 7.8%.

Institutional Investors Weigh In On Inv Vk Mun Opp

A number of large investors have recently bought and sold shares of VMO. CBIZ Investment Advisory Services LLC bought a new stake in shares of Inv Vk Mun Opp in the first quarter valued at approximately $29,000. Geneos Wealth Management Inc. raised its stake in Inv Vk Mun Opp by 1,328.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,214 shares of the investment management company’s stock valued at $39,000 after purchasing an additional 3,919 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Inv Vk Mun Opp by 252.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,661 shares of the investment management company’s stock valued at $70,000 after purchasing an additional 5,490 shares during the period. Concorde Asset Management LLC bought a new stake in Inv Vk Mun Opp in the 1st quarter valued at $95,000. Finally, Permanent Capital Management LP acquired a new stake in Inv Vk Mun Opp in the 3rd quarter worth $141,000. 42.57% of the stock is currently owned by institutional investors.

Inv Vk Mun Opp Company Profile

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.