Inv Vk Tr Inv (NYSE:VGM) Short Interest Up 247.7% in December

by · The Cerbat Gem

Inv Vk Tr Inv (NYSE:VGM – Get Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 361,600 shares, an increase of 247.7% from the November 30th total of 104,010 shares. Based on an average daily trading volume, of 234,604 shares, the short-interest ratio is currently 1.5 days. Currently, 0.7% of the company’s stock are short sold. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 234,604 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of Inv Vk Tr Inv

Several hedge funds have recently added to or reduced their stakes in VGM. Invesco Ltd. increased its position in shares of Inv Vk Tr Inv by 1.5% in the 1st quarter. Invesco Ltd. now owns 143,096 shares of the investment management company’s stock valued at $1,425,000 after purchasing an additional 2,174 shares during the last quarter. Nuveen LLC acquired a new position in shares of Inv Vk Tr Inv during the first quarter worth $186,000. Calton & Associates Inc. purchased a new position in Inv Vk Tr Inv in the first quarter valued at $132,000. Advisors Asset Management Inc. raised its stake in Inv Vk Tr Inv by 40.8% in the first quarter. Advisors Asset Management Inc. now owns 208,615 shares of the investment management company’s stock valued at $2,078,000 after buying an additional 60,405 shares in the last quarter. Finally, Jones Financial Companies Lllp purchased a new stake in Inv Vk Tr Inv during the 1st quarter worth about $253,000. Institutional investors and hedge funds own 38.13% of the company’s stock.

Inv Vk Tr Inv Stock Performance

VGM stock traded up $0.01 during midday trading on Friday, hitting $10.32. The company’s stock had a trading volume of 164,544 shares, compared to its average volume of 200,555. Inv Vk Tr Inv has a 52-week low of $9.28 and a 52-week high of $10.41. The firm has a 50-day simple moving average of $10.22 and a 200-day simple moving average of $9.88.

Inv Vk Tr Inv Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a $0.0646 dividend. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, December 16th.

About Inv Vk Tr Inv

(Get Free Report)

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.

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