Inv Vk Mun Opp (NYSE:VMO) Sees Large Growth in Short Interest

Inv Vk Mun Opp (NYSE:VMO - Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 123,339 shares, an increase of 97.4% from the November 30th total of 62,471 shares. Based on an average daily volume of 317,068 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company's shares are sold short. Approximately 0.2% of the company's shares are sold short. Based on an average daily volume of 317,068 shares, the short-interest ratio is presently 0.4 days.Get Inv Vk Mun Opp alerts:Institutional Trading of Inv Vk Mun OppSeveral large investors have recently made changes to their positions in the company. Gridiron Partners LLC boosted its holdings in Inv Vk Mun Opp by 1,558.1% during the third quarter. Gridiron Partners LLC now owns 1,502,830 shares of the investment management company's stock worth $145,000 after purchasing an additional 1,412,192 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Inv Vk Mun Opp by 121.2% during the second quarter. Ameriprise Financial Inc. now owns 747,429 shares of the investment management company's stock worth $6,853,000 after acquiring an additional 409,601 shares during the period. Guggenheim Capital LLC lifted its holdings in Inv Vk Mun Opp by 23.9% during the second quarter. Guggenheim Capital LLC now owns 1,456,238 shares of the investment management company's stock worth $13,368,000 after acquiring an additional 281,166 shares during the period. Raymond James Financial Inc. boosted its position in Inv Vk Mun Opp by 23.0% in the first quarter. Raymond James Financial Inc. now owns 961,150 shares of the investment management company's stock worth $9,121,000 after purchasing an additional 179,489 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in Inv Vk Mun Opp by 37.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 446,487 shares of the investment management company's stock valued at $4,318,000 after purchasing an additional 120,669 shares during the period. 42.57% of the stock is currently owned by institutional investors and hedge funds. Inv Vk Mun Opp Price PerformanceVMO traded up $0.01 during trading on Friday, hitting $9.56. The company's stock had a trading volume of 242,653 shares, compared to its average volume of 273,395. Inv Vk Mun Opp has a twelve month low of $8.81 and a twelve month high of $9.94. The stock's fifty day moving average price is $9.63 and its 200-day moving average price is $9.40. Inv Vk Mun Opp Dividend AnnouncementThe business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a c) annualized dividend and a yield of 7.8%. About Inv Vk Mun Opp (Get Free Report)Inv Vk Mun Opp NYSE: VMO, known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity. The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.Recommended StoriesFive stocks we like better than Inv Vk Mun OppDo not delete, read immediatelyHow the Rich RetireINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffCan Any Expenses Be Deducted From Capital Gains Tax?Do you know what Amazon is planning for January 1?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Inv Vk Mun Opp Right Now?Before you consider Inv Vk Mun Opp, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Inv Vk Mun Opp wasn't on the list.While Inv Vk Mun Opp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here