Invesco Bond Fund (NYSE:VBF) Short Interest Update

Invesco Bond Fund (NYSE:VBF - Get Free Report) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 12,100 shares, a decline of 25.3% from the October 31st total of 16,200 shares. Based on an average trading volume of 29,700 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VBF. Gilman Hill Asset Management LLC purchased a new stake in shares of Invesco Bond Fund during the 2nd quarter worth about $168,000. Melfa Wealth Management Inc. grew its holdings in Invesco Bond Fund by 16.2% in the second quarter. Melfa Wealth Management Inc. now owns 26,964 shares of the financial services provider's stock valued at $433,000 after purchasing an additional 3,750 shares during the period. Oak Harbor Wealth Partners LLC grew its holdings in Invesco Bond Fund by 3.4% in the second quarter. Oak Harbor Wealth Partners LLC now owns 41,511 shares of the financial services provider's stock valued at $666,000 after purchasing an additional 1,379 shares during the period. Hennion & Walsh Asset Management Inc. increased its position in shares of Invesco Bond Fund by 14.8% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 110,842 shares of the financial services provider's stock valued at $1,778,000 after buying an additional 14,330 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Invesco Bond Fund during the 2nd quarter worth approximately $98,000. Hedge funds and other institutional investors own 43.73% of the company's stock.

Invesco Bond Fund Trading Up 0.4 %

Invesco Bond Fund stock traded up $0.06 during mid-day trading on Friday, hitting $15.84. The company had a trading volume of 17,203 shares, compared to its average volume of 35,111. Invesco Bond Fund has a 12-month low of $15.03 and a 12-month high of $17.48. The company's fifty day moving average is $16.34 and its 200-day moving average is $16.29.

Invesco Bond Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a dividend of $0.074 per share. This represents a $0.89 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend was Friday, November 15th.

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.