Invesco Bond Fund (NYSE:VBF) Short Interest Down 47.8% in March

Invesco Bond Fund (NYSE:VBF - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 7,100 shares, a decrease of 47.8% from the March 15th total of 13,600 shares. Based on an average daily trading volume, of 33,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Invesco Bond Fund Price Performance

Shares of VBF stock traded down $0.07 during mid-day trading on Monday, reaching $14.88. The stock had a trading volume of 15,549 shares, compared to its average volume of 32,333. Invesco Bond Fund has a one year low of $14.33 and a one year high of $17.48. The firm's 50 day simple moving average is $15.32 and its 200 day simple moving average is $15.70.

Invesco Bond Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, April 16th. This represents a $0.84 annualized dividend and a dividend yield of 5.65%.

Institutional Investors Weigh In On Invesco Bond Fund

Large investors have recently modified their holdings of the stock. WealthBridge Capital Management LLC boosted its stake in shares of Invesco Bond Fund by 23.8% in the 4th quarter. WealthBridge Capital Management LLC now owns 116,042 shares of the financial services provider's stock valued at $1,791,000 after purchasing an additional 22,284 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of Invesco Bond Fund during the fourth quarter worth approximately $351,000. Whipplewood Advisors LLC bought a new position in shares of Invesco Bond Fund in the fourth quarter valued at approximately $884,000. Jones Financial Companies Lllp grew its position in Invesco Bond Fund by 39.3% during the 4th quarter. Jones Financial Companies Lllp now owns 141,398 shares of the financial services provider's stock worth $2,182,000 after acquiring an additional 39,871 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Invesco Bond Fund in the 4th quarter valued at $654,000. 43.73% of the stock is currently owned by institutional investors.

Invesco Bond Fund Company Profile

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.