Short Interest in Invesco Bond Fund (NYSE:VBF) Expands By 772.1%

by · The Cerbat Gem

Invesco Bond Fund (NYSE:VBF – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,285 shares, an increase of 772.1% from the August 15th total of 950 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 52,444 shares, the days-to-cover ratio is currently 0.2 days.

Invesco Bond Fund Stock Down 0.3%

Shares of NYSE:VBF opened at $14.48 on Friday. The company has a 50 day moving average price of $14.75 and a two-hundred day moving average price of $14.94. Invesco Bond Fund has a 52 week low of $14.42 and a 52 week high of $15.98.

Invesco Bond Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 14th will be given a $0.0665 dividend. The ex-dividend date is Monday, September 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sit Investment Associates Inc. grew its stake in Invesco Bond Fund by 37.1% in the fourth quarter. Sit Investment Associates Inc. now owns 919,298 shares of the financial services provider’s stock valued at $14,166,000 after acquiring an additional 248,920 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Invesco Bond Fund by 51.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 294,626 shares of the financial services provider’s stock valued at $4,419,000 after purchasing an additional 99,503 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Invesco Bond Fund by 1.5% during the 4th quarter. Wells Fargo & Company MN now owns 161,274 shares of the financial services provider’s stock valued at $2,485,000 after purchasing an additional 2,431 shares in the last quarter. 1607 Capital Partners LLC lifted its holdings in shares of Invesco Bond Fund by 192.0% during the 4th quarter. 1607 Capital Partners LLC now owns 149,362 shares of the financial services provider’s stock valued at $2,302,000 after purchasing an additional 98,212 shares in the last quarter. Finally, Fiera Capital Corp grew its position in shares of Invesco Bond Fund by 41.0% in the 4th quarter. Fiera Capital Corp now owns 108,368 shares of the financial services provider’s stock valued at $1,670,000 after purchasing an additional 31,501 shares during the period. 43.73% of the stock is currently owned by institutional investors.

About Invesco Bond Fund

(Get Free Report)

Invesco Bond Fund (NYSE: VBF) is an actively managed exchange-traded fund designed to provide investors with diversified exposure to investment-grade fixed-income securities. Launched and overseen by Invesco’s fixed income team, the fund primarily invests in U.S. government and corporate debt, alongside sectors such as mortgage- and asset-backed securities. Its objective is to offer a balance of current income and preservation of capital through broad market participation and sector-specific opportunities.

The fund’s strategy emphasizes intermediate-duration bonds, allowing portfolio managers to adjust interest-rate and credit exposures in response to evolving market conditions.

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