Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Down 70.2% in January

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 80,269 shares, a decline of 70.2% from the January 15th total of 269,504 shares. Based on an average daily volume of 166,693 shares, the days-to-cover ratio is currently 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 daily volume of 166,693 shares, the days-to-cover ratio is currently 0.5 days.

Invesco Advantage Municipal Income Trust II Trading Up 0.7%

NYSEAMERICAN VKI traded up $0.06 during trading on Wednesday, reaching $9.25. 205,597 shares of the company’s stock were exchanged, compared to its average volume of 171,357. Invesco Advantage Municipal Income Trust II has a fifty-two week low of $7.89 and a fifty-two week high of $9.27. The company’s fifty day simple moving average is $9.00 and its 200-day simple moving average is $8.78.

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 paid a $0.0559 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Tuesday, February 17th.

Insider Buying and Selling

In other Invesco Advantage Municipal Income Trust II news, major shareholder Of America Corp /De/ Bank bought 8,531 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was acquired at an average cost of $9.08 per share, with a total value of $77,461.48. Following the completion of the purchase, the insider directly owned 8,531 shares in the company, valued at approximately $77,461.48. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 6.45% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

Hedge funds have recently modified their holdings of the stock. CoreCap Advisors LLC acquired a new stake in Invesco Advantage Municipal Income Trust II during the fourth quarter valued at $28,000. Savant Capital LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II during the 2nd quarter valued at about $115,000. J.W. Cole Advisors Inc. acquired a new position in Invesco Advantage Municipal Income Trust II in the fourth quarter worth approximately $117,000. Moloney Securities Asset Management LLC raised its position in Invesco Advantage Municipal Income Trust II by 10.8% during the third quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 1,355 shares in the last quarter. Finally, TPG Advisors LLC raised its position in Invesco Advantage Municipal Income Trust II by 11.2% during the third quarter. TPG Advisors LLC now owns 14,219 shares of the financial services provider’s stock valued at $125,000 after acquiring an additional 1,437 shares in the last quarter. 27.52% of the stock is owned by institutional investors and hedge funds.

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.