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

Inv Vk Invt Ny (NYSE:VTN) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 135,504 shares, a decline of 25.0% from the February 12th total of 180,723 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 41,222 shares, the short-interest ratio is presently 3.3 days. Based on an average daily volume of 41,222 shares, the short-interest ratio is presently 3.3 days. Approximately 0.7% of the company’s shares are short sold.

Hedge Funds Weigh In On Inv Vk Invt Ny

A number of hedge funds have recently made changes to their positions in the business. Horizon Kinetics Asset Management LLC grew its position in Inv Vk Invt Ny by 17.9% in the second quarter. Horizon Kinetics Asset Management LLC now owns 12,274 shares of the investment management company’s stock valued at $128,000 after acquiring an additional 1,860 shares in the last quarter. Guggenheim Capital LLC boosted its stake in shares of Inv Vk Invt Ny by 6.3% in the second quarter. Guggenheim Capital LLC now owns 354,973 shares of the investment management company’s stock valued at $3,706,000 after purchasing an additional 21,089 shares during the period. Bank of America Corp DE grew its holdings in Inv Vk Invt Ny by 6.8% during the 2nd quarter. Bank of America Corp DE now owns 112,148 shares of the investment management company’s stock valued at $1,171,000 after purchasing an additional 7,184 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Inv Vk Invt Ny by 52.9% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 253,029 shares of the investment management company’s stock valued at $2,788,000 after purchasing an additional 87,544 shares in the last quarter. Finally, Fingerlakes Wealth Management Inc. purchased a new stake in Inv Vk Invt Ny during the 3rd quarter worth $111,000. Hedge funds and other institutional investors own 34.87% of the company’s stock.

Inv Vk Invt Ny Stock Down 0.2%

Shares of NYSE:VTN traded down $0.02 during trading on Friday, reaching $11.34. 22,530 shares of the stock were exchanged, compared to its average volume of 43,560. The firm’s 50-day moving average price is $11.60 and its 200 day moving average price is $11.26. Inv Vk Invt Ny has a 12-month low of $9.49 and a 12-month high of $12.10.

Inv Vk Invt Ny Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.0685 per share. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Monday, March 16th.

Inv Vk Invt Ny Company Profile

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.