Inv Vk Tr Inv (NYSE:VGM) Short Interest Update

Inv Vk Tr Inv (NYSE:VGM) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 72,103 shares, a decrease of 40.5% from the April 15th total of 121,193 shares. Based on an average daily trading volume, of 153,618 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Inv Vk Tr Inv

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in shares of Inv Vk Tr Inv during the third quarter worth about $30,000. Comerica Bank raised its stake in Inv Vk Tr Inv by 85.2% during the fourth quarter. Comerica Bank now owns 5,370 shares of the investment management company’s stock worth $56,000 after acquiring an additional 2,470 shares during the period. Allworth Financial LP increased its stake in shares of Inv Vk Tr Inv by 727.9% in the fourth quarter. Allworth Financial LP now owns 5,688 shares of the investment management company’s stock valued at $59,000 after purchasing an additional 5,001 shares during the period. Fifth Third Bancorp acquired a new position in shares of Inv Vk Tr Inv during the first quarter valued at approximately $81,000. Finally, Camelot Portfolios LLC acquired a new position in Inv Vk Tr Inv in the 4th quarter worth approximately $103,000. 38.13% of the stock is currently owned by institutional investors and hedge funds.

Inv Vk Tr Inv Price Performance

VGM stock traded down $0.07 during midday trading on Tuesday, hitting $9.96. 104,842 shares of the company’s stock were exchanged, compared to its average volume of 185,667. Inv Vk Tr Inv has a 1-year low of $9.37 and a 1-year high of $10.66. The business has a 50-day simple moving average of $10.18 and a two-hundred day simple moving average of $10.28.

Inv Vk Tr Inv Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 14th will be issued a $0.0646 dividend. The ex-dividend date is Thursday, May 14th. This represents a c) dividend on an annualized basis and a yield of 7.8%.

About Inv Vk Tr Inv

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