Short Interest in Invesco Bond Fund (NYSE:VBF) Declines By 18.4%

Invesco Bond Fund (NYSE:VBF - Get Free Report) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 11,100 shares, a drop of 18.4% from the November 30th total of 13,600 shares. Based on an average daily trading volume, of 28,800 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VBF. International Assets Investment Management LLC acquired a new stake in Invesco Bond Fund during the 2nd quarter valued at $98,000. Oak Harbor Wealth Partners LLC raised its position in Invesco Bond Fund by 2.6% during the third quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider's stock valued at $724,000 after buying an additional 1,065 shares during the period. ProVise Management Group LLC lifted its stake in Invesco Bond Fund by 5.6% in the 2nd quarter. ProVise Management Group LLC now owns 98,845 shares of the financial services provider's stock worth $1,585,000 after acquiring an additional 5,255 shares in the last quarter. Finally, WealthBridge Capital Management LLC grew its stake in Invesco Bond Fund by 41.3% during the 3rd quarter. WealthBridge Capital Management LLC now owns 93,758 shares of the financial services provider's stock valued at $1,595,000 after acquiring an additional 27,407 shares in the last quarter. 43.73% of the stock is owned by hedge funds and other institutional investors.

Invesco Bond Fund Stock Down 1.8 %

Shares of Invesco Bond Fund stock traded down $0.28 on Friday, reaching $15.36. 45,987 shares of the company were exchanged, compared to its average volume of 34,882. Invesco Bond Fund has a fifty-two week low of $15.03 and a fifty-two week high of $17.48. The stock has a fifty day moving average price of $15.94 and a 200-day moving average price of $16.30.

Invesco Bond Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be paid a dividend of $0.085 per share. This represents a $1.02 dividend on an annualized basis and a yield of 6.64%. The ex-dividend date is Tuesday, December 17th.

About Invesco Bond Fund

Invesco Bond Fund is a close 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.