Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 20,934 shares, a decrease of 67.2% from the October 13th total of 63,757 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 119,745 shares, the short-interest ratio is currently 0.2 days.

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) opened at $11.32 on Wednesday. Invesco Advantage Municipal Income Trust II has a one year low of $10.68 and a one year high of $11.93.

The business also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be paid a $0.0547 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.66 annualized dividend and a yield of 5.80%.

A number of institutional investors have recently made changes to their positions in VKI. Harbour Capital Advisors LLC increased its stake in Invesco Advantage Municipal Income Trust II by 1,055.0% in the second quarter. Harbour Capital Advisors LLC now owns 11,550 shares of the financial services provider’s stock valued at $1,000,000 after purchasing an additional 10,550 shares during the last quarter. IFP Advisors Inc grew its position in shares of Invesco Advantage Municipal Income Trust II by 2.5% during the second quarter. IFP Advisors Inc now owns 23,705 shares of the financial services provider’s stock worth $274,000 after acquiring an additional 583 shares during the last quarter. Allegis Investment Advisors LLC grew its position in shares of Invesco Advantage Municipal Income Trust II by 4.7% during the second quarter. Allegis Investment Advisors LLC now owns 158,417 shares of the financial services provider’s stock worth $1,830,000 after acquiring an additional 7,173 shares during the last quarter. BB&T Securities LLC grew its position in shares of Invesco Advantage Municipal Income Trust II by 12.6% during the second quarter. BB&T Securities LLC now owns 56,122 shares of the financial services provider’s stock worth $648,000 after acquiring an additional 6,258 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in shares of Invesco Advantage Municipal Income Trust II during the second quarter worth approximately $142,000.

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About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the Trust focuses on investing in municipal securities rated investment grade at the time of investment.

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