Inv Vk Pa Valu (NYSE:VPV) Short Interest Down 41.2% in June

Inv Vk Pa Valu (NYSE:VPV) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 36,587 shares, a decline of 41.2% from the June 15th total of 62,227 shares. Based on an average trading volume of 43,087 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the company’s shares are sold short.

Inv Vk Pa Valu Stock Down 0.8%

Shares of NYSE VPV traded down $0.09 during trading hours on Friday, reaching $11.06. The stock had a trading volume of 25,644 shares, compared to its average volume of 29,630. Inv Vk Pa Valu has a 52-week low of $9.87 and a 52-week high of $11.50. The business’s fifty day moving average price is $11.13 and its two-hundred day moving average price is $10.84.

Inv Vk Pa Valu Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th will be given a dividend of $0.0667 per share. The ex-dividend date of this dividend is Tuesday, July 14th. This represents a c) dividend on an annualized basis and a yield of 7.2%.

Hedge Funds Weigh In On Inv Vk Pa Valu

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mcguire Capital Advisors Inc. purchased a new position in shares of Inv Vk Pa Valu during the fourth quarter valued at $41,000. River Street Advisors LLC purchased a new stake in Inv Vk Pa Valu in the fourth quarter worth about $121,000. Royal Bank of Canada grew its holdings in Inv Vk Pa Valu by 21.8% during the 4th quarter. Royal Bank of Canada now owns 17,951 shares of the financial services provider’s stock worth $188,000 after acquiring an additional 3,217 shares in the last quarter. NewEdge Advisors LLC bought a new position in Inv Vk Pa Valu during the 1st quarter worth about $236,000. Finally, Raymond James Financial Inc. increased its position in Inv Vk Pa Valu by 40.5% during the 2nd quarter. Raymond James Financial Inc. now owns 31,439 shares of the financial services provider’s stock valued at $316,000 after purchasing an additional 9,068 shares during the period.

About Inv Vk Pa Valu

Invesco Pennsylvania 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 Pennsylvania municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.