Inv Vk Invt Ny (NYSE:VTN) Sees Significant Decline in Short Interest

Inv Vk Invt Ny (NYSE:VTN) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 56,613 shares, a decrease of 45.3% from the March 15th total of 103,519 shares. Based on an average daily trading volume, of 36,055 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On Inv Vk Invt Ny

Several institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP grew its holdings in Inv Vk Invt Ny by 17.6% during the third quarter. Susquehanna International Group LLP now owns 12,425 shares of the investment management company’s stock worth $137,000 after buying an additional 1,861 shares in the last quarter. Aventura Private Wealth LLC bought a new stake in Inv Vk Invt Ny during the fourth quarter worth $46,000. LPL Financial LLC grew its holdings in Inv Vk Invt Ny by 20.0% during the fourth quarter. LPL Financial LLC now owns 40,266 shares of the investment management company’s stock worth $463,000 after buying an additional 6,699 shares in the last quarter. Bank of America Corp DE grew its holdings in Inv Vk Invt Ny by 6.8% during the second quarter. Bank of America Corp DE now owns 112,148 shares of the investment management company’s stock worth $1,171,000 after buying an additional 7,184 shares in the last quarter. Finally, Fingerlakes Wealth Management Inc. bought a new position in Inv Vk Invt Ny in the 3rd quarter valued at $111,000. Institutional investors own 34.87% of the company’s stock.

Inv Vk Invt Ny Stock Performance

Inv Vk Invt Ny stock remained flat at $11.19 during trading on Wednesday. The company had a trading volume of 16,740 shares, compared to its average volume of 35,122. The firm has a 50 day simple moving average of $11.37 and a 200 day simple moving average of $11.34. Inv Vk Invt Ny has a 1-year low of $9.81 and a 1-year high of $12.10.

Inv Vk Invt Ny Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 14th will be issued a dividend of $0.0685 per share. The ex-dividend date is Tuesday, April 14th. This represents a c) annualized dividend and a yield of 7.3%.

About Inv Vk Invt Ny

Invesco Trust for Investment Grade New York 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 New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.