Inv Vk Tr Inv (NYSE:VGM) Short Interest Update

Inv Vk Tr Inv (NYSE:VGM) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 110,588 shares, a drop of 27.2% from the February 12th total of 151,848 shares. Based on an average daily trading volume, of 134,727 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 134,727 shares, the short-interest ratio is presently 0.8 days.

Inv Vk Tr Inv Stock Performance

Shares of VGM stock traded down $0.04 on Monday, reaching $10.32. The company had a trading volume of 149,652 shares, compared to its average volume of 191,057. The company has a 50-day moving average of $10.42 and a 200-day moving average of $10.23. Inv Vk Tr Inv has a 12 month low of $9.28 and a 12 month high of $10.66.

Inv Vk Tr Inv Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a dividend of $0.0646 per share. The ex-dividend date is Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 7.5%.

Institutional Investors Weigh In On Inv Vk Tr Inv

Several hedge funds have recently bought and sold shares of VGM. Advisory Services Network LLC bought a new position in shares of Inv Vk Tr Inv during the third quarter worth $30,000. Comerica Bank increased its position in shares of Inv Vk Tr Inv by 85.2% in the 4th quarter. Comerica Bank now owns 5,370 shares of the investment management company’s stock valued at $56,000 after buying an additional 2,470 shares in the last quarter. Allworth Financial LP raised its stake in Inv Vk Tr Inv by 727.9% during the 4th quarter. Allworth Financial LP now owns 5,688 shares of the investment management company’s stock worth $59,000 after buying an additional 5,001 shares during the period. Camelot Portfolios LLC acquired a new stake in Inv Vk Tr Inv during the 4th quarter worth $103,000. Finally, Concurrent Investment Advisors LLC lifted its holdings in Inv Vk Tr Inv by 24.3% during the third quarter. Concurrent Investment Advisors LLC now owns 12,805 shares of the investment management company’s stock worth $130,000 after acquiring an additional 2,500 shares in the last quarter. 38.13% of the stock is currently owned by institutional investors and hedge funds.

About Inv Vk Tr Inv

Invesco Trust for Investment Grade 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 municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.