Invesco Bond Fund (NYSE:VBF) Short Interest Up 466.7% in March

Invesco Bond Fund (NYSE:VBF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 13,600 shares, a growth of 466.7% from the February 28th total of 2,400 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 32,400 shares, the days-to-cover ratio is presently 0.4 days.

Invesco Bond Fund Stock Up 0.2 %

Invesco Bond Fund stock traded up $0.03 during mid-day trading on Wednesday, hitting $15.38. The company’s stock had a trading volume of 21,169 shares, compared to its average volume of 32,024. Invesco Bond Fund has a 52-week low of $15.03 and a 52-week high of $17.48. The firm’s 50 day moving average is $15.52 and its 200 day moving average is $15.93.

Invesco Bond Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date of this dividend is Wednesday, April 16th.

Institutional Trading of Invesco Bond Fund

Institutional investors have recently made changes to their positions in the stock. Guggenheim Capital LLC lifted its position in Invesco Bond Fund by 27.6% in the 4th quarter. Guggenheim Capital LLC now owns 235,663 shares of the financial services provider’s stock worth $3,636,000 after buying an additional 50,983 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco Bond Fund in the fourth quarter worth $654,000. Invesco Ltd. raised its holdings in shares of Invesco Bond Fund by 15.0% during the fourth quarter. Invesco Ltd. now owns 147,188 shares of the financial services provider’s stock worth $2,271,000 after acquiring an additional 19,192 shares in the last quarter. Sit Investment Associates Inc. lifted its holdings in shares of Invesco Bond Fund by 27.2% during the 4th quarter. Sit Investment Associates Inc. now owns 340,133 shares of the financial services provider’s stock valued at $5,248,000 after buying an additional 72,710 shares during the last quarter. Finally, StoneX Group Inc. acquired a new stake in Invesco Bond Fund in the fourth quarter valued at approximately $839,000. 43.73% of the stock is currently owned by institutional investors and hedge funds.

About Invesco Bond Fund

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.