Short Interest in Inv Vk Tr Inv (NYSE:VGM) Expands By 19.6%

Inv Vk Tr Inv (NYSE:VGM) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 151,848 shares, an increase of 19.6% from the January 29th total of 127,016 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 186,739 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 186,739 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of Inv Vk Tr Inv

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Gridiron Partners LLC lifted its holdings in Inv Vk Tr Inv by 1,048.6% in the 3rd quarter. Gridiron Partners LLC now owns 1,722,730 shares of the investment management company’s stock worth $17,434,000 after purchasing an additional 1,572,747 shares in the last quarter. Guggenheim Capital LLC raised its position in shares of Inv Vk Tr Inv by 5.0% during the fourth quarter. Guggenheim Capital LLC now owns 1,242,714 shares of the investment management company’s stock valued at $12,887,000 after buying an additional 58,922 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Inv Vk Tr Inv by 12.7% in the fourth quarter. LPL Financial LLC now owns 855,464 shares of the investment management company’s stock worth $8,871,000 after buying an additional 96,570 shares in the last quarter. UBS Group AG lifted its holdings in shares of Inv Vk Tr Inv by 2.8% in the fourth quarter. UBS Group AG now owns 568,689 shares of the investment management company’s stock worth $5,897,000 after buying an additional 15,267 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its position in shares of Inv Vk Tr Inv by 1,650.4% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 498,772 shares of the investment management company’s stock worth $5,172,000 after acquiring an additional 470,277 shares during the last quarter. Institutional investors own 38.13% of the company’s stock.

Inv Vk Tr Inv Price Performance

NYSE VGM traded down $0.08 on Wednesday, reaching $10.42. 147,615 shares of the stock were exchanged, compared to its average volume of 202,319. Inv Vk Tr Inv has a one year low of $9.28 and a one year high of $10.66. The company’s 50-day simple moving average is $10.41 and its two-hundred day simple moving average is $10.18.

Inv Vk Tr Inv Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were paid a $0.0646 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Inv Vk Tr Inv Company Profile

Invesco Trust for Investment Grade Municipals is a closed-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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.