Inv Vk Invt Ny (NYSE:VTN) Sees Large Increase in Short Interest

Inv Vk Invt Ny (NYSE:VTN) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 72,703 shares, an increase of 49.4% from the July 30th total of 48,655 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 22,996 shares, the days-to-cover ratio is currently 3.2 days.

Inv Vk Invt Ny Stock Performance

NYSE VTN traded down $0.12 during trading hours on Tuesday, reaching $10.60. 36,515 shares of the company were exchanged, compared to its average volume of 28,336. Inv Vk Invt Ny has a 1 year low of $10.08 and a 1 year high of $12.10. The business’s 50 day simple moving average is $11.18 and its 200-day simple moving average is $11.21.

Inv Vk Invt Ny Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were given a dividend of $0.0685 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend was Monday, August 17th.

Institutional Investors Weigh In On Inv Vk Invt Ny

Hedge funds have recently modified their holdings of the stock. Guggenheim Capital LLC lifted its stake in Inv Vk Invt Ny by 9.8% in the fourth quarter. Guggenheim Capital LLC now owns 254,899 shares of the investment management company’s stock valued at $2,934,000 after purchasing an additional 22,686 shares during the last quarter. &PARTNERS purchased a new stake in Inv Vk Invt Ny in the fourth quarter worth $147,000. Royal Bank of Canada increased its position in Inv Vk Invt Ny by 7.5% in the fourth quarter. Royal Bank of Canada now owns 170,015 shares of the investment management company’s stock worth $1,957,000 after buying an additional 11,900 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Inv Vk Invt Ny in the fourth quarter valued at $202,000. Finally, LPL Financial LLC grew its stake in shares of Inv Vk Invt Ny by 20.0% during the 4th quarter. LPL Financial LLC now owns 40,266 shares of the investment management company’s stock worth $463,000 after acquiring an additional 6,699 shares during the period. Institutional investors own 34.87% of the company’s stock.

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.