Inv Vk Ca Valu (NYSE:VCV) Short Interest Update

Inv Vk Ca Valu (NYSE:VCV) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 183,132 shares, a decline of 13.2% from the February 12th total of 211,071 shares. Based on an average daily trading volume, of 98,177 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 98,177 shares, the days-to-cover ratio is currently 1.9 days.

Inv Vk Ca Valu Stock Performance

Shares of VCV traded up $0.02 during trading hours on Tuesday, reaching $10.83. The company had a trading volume of 71,349 shares, compared to its average volume of 97,171. Inv Vk Ca Valu has a 12-month low of $9.51 and a 12-month high of $11.38. The firm has a 50 day simple moving average of $11.14 and a 200-day simple moving average of $10.89.

Inv Vk Ca Valu Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a $0.0646 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%.

Institutional Trading of Inv Vk Ca Valu

Several institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC acquired a new position in shares of Inv Vk Ca Valu during the fourth quarter worth $39,000. US Bancorp DE acquired a new position in shares of Inv Vk Ca Valu in the 3rd quarter valued at approximately $102,000. HCR Wealth Advisors purchased a new position in shares of Inv Vk Ca Valu during the 3rd quarter valued at approximately $105,000. NWF Advisory Services Inc. bought a new stake in shares of Inv Vk Ca Valu in the second quarter worth $133,000. Finally, Eclectic Associates Inc. ADV acquired a new stake in Inv Vk Ca Valu in the fourth quarter valued at $138,000. 18.80% of the stock is owned by hedge funds and other institutional investors.

Inv Vk Ca Valu Company Profile

Invesco California Value Municipal Income Trust 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 California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.