Inv Vk Invt Ny (NYSE:VTN) Short Interest Up 48.9% in October

Inv Vk Invt Ny (NYSE:VTN) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 108,700 shares, a growth of 48.9% from the September 30th total of 73,000 shares. Based on an average daily trading volume, of 45,700 shares, the short-interest ratio is presently 2.4 days. Based on an average daily trading volume, of 45,700 shares, the short-interest ratio is presently 2.4 days.

Hedge Funds Weigh In On Inv Vk Invt Ny

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTN. Fingerlakes Wealth Management Inc. acquired a new stake in Inv Vk Invt Ny during the 3rd quarter worth $111,000. Horizon Kinetics Asset Management LLC grew its holdings in shares of Inv Vk Invt Ny by 17.9% during the second quarter. Horizon Kinetics Asset Management LLC now owns 12,274 shares of the investment management company’s stock worth $128,000 after buying an additional 1,860 shares during the last quarter. Cary Street Partners Financial LLC increased its position in Inv Vk Invt Ny by 34.2% in the 1st quarter. Cary Street Partners Financial LLC now owns 19,599 shares of the investment management company’s stock valued at $205,000 after acquiring an additional 5,000 shares during the period. Landscape Capital Management L.L.C. acquired a new position in Inv Vk Invt Ny in the 1st quarter valued at about $255,000. Finally, North Ground Capital increased its position in Inv Vk Invt Ny by 32.1% in the 1st quarter. North Ground Capital now owns 68,304 shares of the investment management company’s stock valued at $703,000 after acquiring an additional 16,597 shares during the period. Hedge funds and other institutional investors own 34.87% of the company’s stock.

Inv Vk Invt Ny Stock Performance

VTN stock traded down $0.03 during midday trading on Tuesday, hitting $10.92. The company’s stock had a trading volume of 21,413 shares, compared to its average volume of 47,719. Inv Vk Invt Ny has a 52-week low of $9.49 and a 52-week high of $11.66. The firm has a 50-day simple moving average of $10.79 and a 200-day simple moving average of $10.46.

Inv Vk Invt Ny Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be given a $0.0685 dividend. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Monday, November 17th.

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.