Short Interest in Inv Vk Invt Ny (NYSE:VTN) Grows By 32.1%

Inv Vk Invt Ny (NYSE:VTN) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 180,723 shares, an increase of 32.1% from the January 29th total of 136,858 shares. Based on an average daily volume of 42,005 shares, the days-to-cover ratio is currently 4.3 days. Based on an average daily volume of 42,005 shares, the days-to-cover ratio is currently 4.3 days.

Inv Vk Invt Ny Trading Down 0.8%

Shares of VTN stock traded down $0.10 on Monday, reaching $11.49. 63,382 shares of the stock were exchanged, compared to its average volume of 36,800. The firm has a 50 day moving average of $11.63 and a two-hundred day moving average of $11.20. Inv Vk Invt Ny has a 1-year low of $9.49 and a 1-year high of $12.10.

Inv Vk Invt Ny Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were issued a $0.0685 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date was Tuesday, February 17th.

Institutional Trading of Inv Vk Invt Ny

A number of institutional investors have recently modified their holdings of the company. Indivisible Partners acquired a new stake in Inv Vk Invt Ny during the 4th quarter worth approximately $2,622,000. Hennion & Walsh Asset Management Inc. grew its stake in Inv Vk Invt Ny by 87.3% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 473,944 shares of the investment management company’s stock worth $5,455,000 after buying an additional 220,915 shares during the period. Alpine Global Management LLC acquired a new stake in shares of Inv Vk Invt Ny in the third quarter worth $619,000. North Ground Capital raised its stake in shares of Inv Vk Invt Ny by 73.6% in the 3rd quarter. North Ground Capital now owns 106,729 shares of the investment management company’s stock valued at $1,176,000 after acquiring an additional 45,256 shares during the period. Finally, Guggenheim Capital LLC raised its stake in shares of Inv Vk Invt Ny by 9.8% in the 4th quarter. Guggenheim Capital LLC now owns 254,899 shares of the investment management company’s stock valued at $2,934,000 after acquiring an additional 22,686 shares during the period. Hedge funds and other institutional investors own 34.87% of the company’s stock.

Inv Vk Invt Ny Company Profile

Invesco Trust for Investment Grade New York Municipals 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. The fund primarily invests in investment grade New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.