Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Short Interest Up 47.2% in February

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 26,500 shares, an increase of 47.2% from the January 31st total of 18,000 shares. Based on an average daily trading volume, of 82,600 shares, the short-interest ratio is currently 0.3 days.

Invesco Pennsylvania Value Municipal Income Trust Stock Performance

Shares of NYSE:VPV traded down $0.02 during midday trading on Monday, reaching $10.63. The company’s stock had a trading volume of 52,695 shares, compared to its average volume of 77,737. The business’s fifty day simple moving average is $10.33 and its 200-day simple moving average is $10.83. Invesco Pennsylvania Value Municipal Income Trust has a fifty-two week low of $9.84 and a fifty-two week high of $11.41.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.0667 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.80 dividend on an annualized basis and a yield of 7.53%.

Institutional Investors Weigh In On Invesco Pennsylvania Value Municipal Income Trust

Several institutional investors have recently modified their holdings of VPV. International Assets Investment Management LLC boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 1,031.0% in the third quarter. International Assets Investment Management LLC now owns 14,047 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 12,805 shares during the last quarter. Haverford Trust Co bought a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the 3rd quarter worth $343,000. Rivernorth Capital Management LLC grew its stake in shares of Invesco Pennsylvania Value Municipal Income Trust by 0.9% during the third quarter. Rivernorth Capital Management LLC now owns 479,204 shares of the financial services provider’s stock worth $5,420,000 after purchasing an additional 4,203 shares during the period. Sanctuary Advisors LLC bought a new stake in Invesco Pennsylvania Value Municipal Income Trust in the third quarter valued at about $113,000. Finally, Robinson Capital Management LLC acquired a new position in Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter valued at about $1,743,000.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

Invesco Pennsylvania Value Municipal Income Trust 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.