Invesco Trust for Investment Grade Municipals (VGM) Short Interest Ratio & Short Volume

Short interest is the volume of Invesco Trust for Investment Grade Municipals shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 21,100 shares of VGM short. Learn More on Invesco Trust for Investment Grade Municipals' current short interest.

Invesco Trust for Investment Grade Municipals saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 21,100 shares, an increase of 37.9% from the previous total of 15,300 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Invesco Trust for Investment Grade Municipals: BlackRock Debt Strategies Fund, Inc. (0.25%), BlackRock MuniYield Fund, Inc. (0.29%), The India Fund, Inc. (6.44%), John Hancock Financial Opportunities Fund (0.04%), Royce Micro-Cap Trust, Inc. (0.06%), BlackRock MuniVest Fund, Inc. (0.07%), Adams Natural Resources Fund, Inc. (1.49%), Nuveen Pennsylvania Quality Municipal Income Fund (0.10%), VanEck Biotech ETF (0.08%), BlackRock MuniAssets Fund, Inc. (0.30%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling VGM is an investing strategy that aims to generate trading profit from Invesco Trust for Investment Grade Municipals as its price is falling. VGM shares are trading down $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Invesco Trust for Investment Grade Municipals occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of VGM, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including VGM, twice per month. The most recent reporting period available is April, 30 2024.