Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Short Interest Up 69.5% in September

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 112,400 shares, a growth of 69.5% from the September 15th total of 66,300 shares. Based on an average trading volume of 149,700 shares, the days-to-cover ratio is presently 0.8 days.

Invesco Advantage Municipal Income Trust II Stock Down 0.3 %

NYSEAMERICAN:VKI opened at $9.07 on Monday. Invesco Advantage Municipal Income Trust II has a one year low of $7.07 and a one year high of $9.42.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th will be given a $0.0559 dividend. The ex-dividend date of this dividend is Wednesday, October 16th. This represents a $0.67 annualized dividend and a dividend yield of 7.40%.

Institutional Investors Weigh In On Invesco Advantage Municipal Income Trust II

Several institutional investors and hedge funds have recently made changes to their positions in VKI. Financial Management Professionals Inc. acquired a new stake in Invesco Advantage Municipal Income Trust II during the first quarter worth about $28,000. Larson Financial Group LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II during the 2nd quarter worth approximately $30,000. Matisse Capital bought a new stake in shares of Invesco Advantage Municipal Income Trust II in the 2nd quarter worth approximately $98,000. XTX Topco Ltd acquired a new position in Invesco Advantage Municipal Income Trust II during the 2nd quarter valued at approximately $106,000. Finally, Kingswood Wealth Advisors LLC grew its stake in Invesco Advantage Municipal Income Trust II by 51.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 32,130 shares of the financial services provider’s stock worth $273,000 after buying an additional 10,850 shares during 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 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.