Invesco Bond Fund (NYSE:VBF) Short Interest Down 18.4% in December

Invesco Bond Fund (NYSE:VBF) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 11,100 shares, a drop of 18.4% from the November 30th total of 13,600 shares. Based on an average daily volume of 28,800 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco Bond Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC raised its position in Invesco Bond Fund by 1,545.2% in the third quarter. International Assets Investment Management LLC now owns 100,359 shares of the financial services provider’s stock valued at $1,707,000 after purchasing an additional 94,259 shares during the period. WealthBridge Capital Management LLC grew its stake in shares of Invesco Bond Fund by 41.3% in the third quarter. WealthBridge Capital Management LLC now owns 93,758 shares of the financial services provider’s stock valued at $1,595,000 after buying an additional 27,407 shares in the last quarter. ProVise Management Group LLC raised its holdings in shares of Invesco Bond Fund by 5.6% during the 2nd quarter. ProVise Management Group LLC now owns 98,845 shares of the financial services provider’s stock valued at $1,585,000 after buying an additional 5,255 shares during the period. Finally, Oak Harbor Wealth Partners LLC lifted its position in Invesco Bond Fund by 2.6% during the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider’s stock worth $724,000 after acquiring an additional 1,065 shares in the last quarter. Institutional investors and hedge funds own 43.73% of the company’s stock.

Invesco Bond Fund Trading Down 1.8 %

NYSE VBF traded down $0.28 during mid-day trading on Friday, hitting $15.36. The company’s stock had a trading volume of 45,987 shares, compared to its average volume of 34,882. Invesco Bond Fund has a 52-week low of $15.03 and a 52-week high of $17.48. The stock’s fifty day simple moving average is $15.94 and its two-hundred day simple moving average is $16.30.

Invesco Bond Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be paid a $0.085 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 6.64%. The ex-dividend date is Tuesday, December 17th.

Invesco Bond Fund Company Profile

Invesco Bond Fund is a close 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.