Inv Vk Tr Inv (NYSE:VGM) Short Interest Update

Inv Vk Tr Inv (NYSE:VGM) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 288,687 shares, a decrease of 20.2% from the December 15th total of 361,600 shares. Based on an average daily volume of 189,519 shares, the short-interest ratio is presently 1.5 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 189,519 shares, the short-interest ratio is presently 1.5 days.

Institutional Trading of Inv Vk Tr Inv

Institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new position in Inv Vk Tr Inv in the third quarter worth about $30,000. WMG Financial Advisors LLC bought a new stake in shares of Inv Vk Tr Inv during the 2nd quarter valued at $104,000. Concurrent Investment Advisors LLC boosted its stake in Inv Vk Tr Inv by 24.3% during the third quarter. Concurrent Investment Advisors LLC now owns 12,805 shares of the investment management company’s stock worth $130,000 after acquiring an additional 2,500 shares in the last quarter. Permanent Capital Management LP purchased a new stake in Inv Vk Tr Inv in the third quarter worth about $142,000. Finally, Capital Investment Advisors LLC increased its position in Inv Vk Tr Inv by 11.5% during the 3rd quarter. Capital Investment Advisors LLC now owns 14,555 shares of the investment management company’s stock valued at $147,000 after buying an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 38.13% of the company’s stock.

Inv Vk Tr Inv Stock Up 0.7%

Shares of NYSE VGM traded up $0.07 during trading on Monday, reaching $10.49. 141,818 shares of the stock traded hands, compared to its average volume of 184,376. Inv Vk Tr Inv has a 52-week low of $9.28 and a 52-week high of $10.52. The company has a 50-day moving average of $10.30 and a 200-day moving average of $9.99.

Inv Vk Tr Inv Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be given a dividend of $0.0646 per share. The ex-dividend date is Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 7.4%.

Inv Vk Tr Inv Company Profile

Invesco Trust for Investment Grade Municipals 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 municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.