Invesco Bond Fund (NYSE:VBF) Short Interest Up 95.5% in June

Invesco Bond Fund (NYSE:VBFGet Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 27,236 shares, a growth of 95.5% from the May 31st total of 13,933 shares. Based on an average daily volume of 70,416 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are sold short.

Invesco Bond Fund Stock Performance

NYSE:VBF traded down $0.08 on Wednesday, hitting $15.08. The stock had a trading volume of 6,755 shares, compared to its average volume of 57,329. The company has a fifty day moving average price of $14.99 and a two-hundred day moving average price of $15.18. Invesco Bond Fund has a 1-year low of $14.68 and a 1-year high of $15.98.

Invesco Bond Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $0.0665 dividend. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On Invesco Bond Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VBF. PNC Financial Services Group Inc. raised its holdings in Invesco Bond Fund by 686.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,032 shares of the financial services provider’s stock valued at $60,000 after buying an additional 3,519 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in Invesco Bond Fund by 51.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 294,626 shares of the financial services provider’s stock worth $4,419,000 after buying an additional 99,503 shares during the period. Fifth Third Bancorp increased its position in shares of Invesco Bond Fund by 153.8% during the first quarter. Fifth Third Bancorp now owns 2,538 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 1,538 shares during the last quarter. Riverbridge Partners LLC increased its position in shares of Invesco Bond Fund by 3.9% during the first quarter. Riverbridge Partners LLC now owns 31,835 shares of the financial services provider’s stock valued at $478,000 after acquiring an additional 1,198 shares during the last quarter. Finally, Sit Investment Associates Inc. raised its stake in shares of Invesco Bond Fund by 37.1% in the 4th quarter. Sit Investment Associates Inc. now owns 919,298 shares of the financial services provider’s stock valued at $14,166,000 after acquiring an additional 248,920 shares during the period. Institutional investors and hedge funds own 43.73% of the company’s stock.

About Invesco Bond Fund

(Get Free Report)

Invesco Bond Fund (NYSE: VBF) is an actively managed exchange-traded fund designed to provide investors with diversified exposure to investment-grade fixed-income securities. Launched and overseen by Invesco’s fixed income team, the fund primarily invests in U.S. government and corporate debt, alongside sectors such as mortgage- and asset-backed securities. Its objective is to offer a balance of current income and preservation of capital through broad market participation and sector-specific opportunities.

The fund’s strategy emphasizes intermediate-duration bonds, allowing portfolio managers to adjust interest-rate and credit exposures in response to evolving market conditions.

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