Inv Vk Invt Ny (NYSE:VTN) Sees Significant Decrease in Short Interest

Inv Vk Invt Ny (NYSE:VTN) was the target of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 103,519 shares, a drop of 23.6% from the February 26th total of 135,504 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 49,468 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Trading of Inv Vk Invt Ny

A number of institutional investors and hedge funds have recently bought and sold shares of VTN. Guggenheim Capital LLC raised its holdings in Inv Vk Invt Ny by 6.3% in the second quarter. Guggenheim Capital LLC now owns 354,973 shares of the investment management company’s stock valued at $3,706,000 after buying an additional 21,089 shares during the period. Bank of America Corp DE lifted its position in Inv Vk Invt Ny by 6.8% during the second quarter. Bank of America Corp DE now owns 112,148 shares of the investment management company’s stock valued at $1,171,000 after buying an additional 7,184 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in Inv Vk Invt Ny by 52.9% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 253,029 shares of the investment management company’s stock worth $2,788,000 after buying an additional 87,544 shares during the period. Fingerlakes Wealth Management Inc. purchased a new stake in Inv Vk Invt Ny during the third quarter worth approximately $111,000. Finally, Ashton Thomas Securities LLC increased its position in shares of Inv Vk Invt Ny by 14.2% in the third quarter. Ashton Thomas Securities LLC now owns 149,200 shares of the investment management company’s stock worth $1,644,000 after acquiring an additional 18,500 shares in the last quarter. Institutional investors and hedge funds own 34.87% of the company’s stock.

Inv Vk Invt Ny Price Performance

VTN stock opened at $10.59 on Friday. The stock has a 50-day moving average price of $11.48 and a two-hundred day moving average price of $11.32. Inv Vk Invt Ny has a 12-month low of $9.49 and a 12-month high of $12.10.

Inv Vk Invt Ny Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.0685 dividend. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Monday, March 16th.

About Inv Vk Invt Ny

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.