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

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 115,800 shares, a decrease of 14.9% from the November 30th total of 136,000 shares. Based on an average daily volume of 151,300 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

A number of large investors have recently bought and sold shares of the business. Stifel Financial Corp raised its holdings in Invesco Advantage Municipal Income Trust II by 58.4% in the third quarter. Stifel Financial Corp now owns 154,291 shares of the financial services provider’s stock worth $1,436,000 after purchasing an additional 56,874 shares in the last quarter. Indiana Trust & Investment Management Co raised its stake in shares of Invesco Advantage Municipal Income Trust II by 1.2% during the 3rd quarter. Indiana Trust & Investment Management Co now owns 121,091 shares of the financial services provider’s stock worth $1,127,000 after acquiring an additional 1,475 shares in the last quarter. Rothschild Investment LLC purchased a new stake in Invesco Advantage Municipal Income Trust II during the second quarter valued at approximately $722,000. XTX Topco Ltd acquired a new stake in Invesco Advantage Municipal Income Trust II in the second quarter valued at approximately $106,000. Finally, Quarry LP purchased a new position in Invesco Advantage Municipal Income Trust II in the second quarter worth $327,000. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Performance

VKI opened at $8.61 on Monday. Invesco Advantage Municipal Income Trust II has a 52 week low of $8.14 and a 52 week high of $9.42.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be given a $0.0559 dividend. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $0.67 annualized dividend and a dividend yield of 7.79%.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II 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.