Invesco Bond Fund (NYSE:VBF - Get Free Report) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 13,600 shares, an increase of 466.7% from the February 28th total of 2,400 shares. Based on an average daily trading volume, of 32,400 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.
Invesco Bond Fund Trading Up 0.4 %
Shares of Invesco Bond Fund stock traded up $0.06 on Friday, reaching $15.39. 28,662 shares of the stock were exchanged, compared to its average volume of 31,942. Invesco Bond Fund has a 1-year low of $15.03 and a 1-year high of $17.48. The business has a fifty day moving average price of $15.51 and a two-hundred day moving average price of $15.91.
Invesco Bond Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend is Wednesday, April 16th.
Institutional Trading of Invesco Bond Fund
Several hedge funds have recently modified their holdings of VBF. Sit Investment Associates Inc. grew its holdings in Invesco Bond Fund by 27.2% during the fourth quarter. Sit Investment Associates Inc. now owns 340,133 shares of the financial services provider's stock worth $5,248,000 after acquiring an additional 72,710 shares during the period. Guggenheim Capital LLC grew its stake in shares of Invesco Bond Fund by 27.6% during the 4th quarter. Guggenheim Capital LLC now owns 235,663 shares of the financial services provider's stock worth $3,636,000 after purchasing an additional 50,983 shares during the period. Invesco Ltd. increased its holdings in shares of Invesco Bond Fund by 15.0% in the 4th quarter. Invesco Ltd. now owns 147,188 shares of the financial services provider's stock valued at $2,271,000 after purchasing an additional 19,192 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Invesco Bond Fund by 39.3% in the fourth quarter. Jones Financial Companies Lllp now owns 141,398 shares of the financial services provider's stock valued at $2,182,000 after purchasing an additional 39,871 shares during the period. Finally, ProVise Management Group LLC boosted its holdings in Invesco Bond Fund by 17.2% during the fourth quarter. ProVise Management Group LLC now owns 130,724 shares of the financial services provider's stock worth $2,017,000 after buying an additional 19,200 shares in the last quarter. 43.73% of the stock is owned by institutional investors and hedge funds.
About Invesco Bond Fund
(
Get Free Report)
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.
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