Inv Vk Invt Ny (NYSE:VTN) Short Interest Up 32.1% in February

Inv Vk Invt Ny (NYSE:VTN) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 180,723 shares, a growth of 32.1% from the January 29th total of 136,858 shares. Based on an average daily volume of 42,005 shares, the days-to-cover ratio is presently 4.3 days. Based on an average daily volume of 42,005 shares, the days-to-cover ratio is presently 4.3 days.

Inv Vk Invt Ny Price Performance

Shares of NYSE VTN traded down $0.10 on Monday, hitting $11.49. The company had a trading volume of 63,382 shares, compared to its average volume of 36,800. Inv Vk Invt Ny has a 12-month low of $9.49 and a 12-month high of $12.10. The business has a 50 day moving average of $11.63 and a two-hundred day moving average of $11.20.

Inv Vk Invt Ny Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were given a $0.0685 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a c) annualized dividend and a yield of 7.2%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Aventura Private Wealth LLC purchased a new stake in Inv Vk Invt Ny during the 4th quarter worth $46,000. Fingerlakes Wealth Management Inc. acquired a new position in shares of Inv Vk Invt Ny in the third quarter worth about $111,000. Horizon Kinetics Asset Management LLC boosted its holdings in Inv Vk Invt Ny by 17.9% in the second quarter. Horizon Kinetics Asset Management LLC now owns 12,274 shares of the investment management company’s stock valued at $128,000 after purchasing an additional 1,860 shares during the last quarter. Susquehanna International Group LLP grew its stake in Inv Vk Invt Ny by 17.6% during the 3rd quarter. Susquehanna International Group LLP now owns 12,425 shares of the investment management company’s stock valued at $137,000 after purchasing an additional 1,861 shares in the last quarter. Finally, &PARTNERS purchased a new stake in Inv Vk Invt Ny during the 4th quarter worth approximately $147,000. 34.87% of the stock is currently owned by hedge funds and other institutional investors.

About Inv Vk Invt Ny

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