Inv Vk Tr Inv (NYSE:VGM) Short Interest Down 37.2% in July

Inv Vk Tr Inv (NYSE:VGM) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 273,156 shares, a decline of 37.2% from the July 15th total of 435,171 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 157,513 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of Inv Vk Tr Inv

Several institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp purchased a new position in shares of Inv Vk Tr Inv during the 1st quarter worth approximately $253,000. Cetera Investment Advisers grew its holdings in Inv Vk Tr Inv by 152.5% during the 2nd quarter. Cetera Investment Advisers now owns 60,776 shares of the investment management company’s stock valued at $577,000 after buying an additional 36,707 shares during the last quarter. First Trust Advisors LP grew its holdings in Inv Vk Tr Inv by 19.5% during the 2nd quarter. First Trust Advisors LP now owns 18,292 shares of the investment management company’s stock valued at $174,000 after buying an additional 2,987 shares during the last quarter. Bank of America Corp DE increased its position in Inv Vk Tr Inv by 28.1% during the second quarter. Bank of America Corp DE now owns 434,009 shares of the investment management company’s stock worth $4,119,000 after buying an additional 95,282 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of Inv Vk Tr Inv by 66.6% in the second quarter. Osaic Holdings Inc. now owns 78,009 shares of the investment management company’s stock worth $742,000 after acquiring an additional 31,189 shares during the last quarter. Hedge funds and other institutional investors own 38.13% of the company’s stock.

Inv Vk Tr Inv Price Performance

Shares of Inv Vk Tr Inv stock traded down $0.06 on Tuesday, hitting $10.31. The company’s stock had a trading volume of 167,388 shares, compared to its average volume of 182,743. Inv Vk Tr Inv has a 52-week low of $9.48 and a 52-week high of $10.66. The firm has a fifty day moving average price of $10.38 and a 200-day moving average price of $10.29.

Inv Vk Tr Inv Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be given a dividend of $0.0646 per share. The ex-dividend date is Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 7.5%.

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.