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

Inv Vk Tr Inv (NYSE:VGM) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 364,747 shares, a growth of 405.9% from the April 30th total of 72,103 shares. Based on an average daily trading volume, of 171,946 shares, the short-interest ratio is currently 2.1 days. Currently, 0.7% of the shares of the company are short sold.

Institutional Trading of Inv Vk Tr Inv

Several institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC grew its position in shares of Inv Vk Tr Inv by 17.8% in the first quarter. NewEdge Advisors LLC now owns 69,150 shares of the investment management company’s stock valued at $683,000 after purchasing an additional 10,435 shares during the period. Bank of America Corp DE grew its position in shares of Inv Vk Tr Inv by 3.9% in the first quarter. Bank of America Corp DE now owns 493,823 shares of the investment management company’s stock valued at $4,874,000 after purchasing an additional 18,626 shares during the period. Royal Bank of Canada grew its position in shares of Inv Vk Tr Inv by 6.4% in the first quarter. Royal Bank of Canada now owns 366,523 shares of the investment management company’s stock valued at $3,618,000 after purchasing an additional 22,208 shares during the period. Quadcap Wealth Management LLC acquired a new stake in shares of Inv Vk Tr Inv in the first quarter valued at about $121,000. Finally, Compound Planning Inc. grew its position in shares of Inv Vk Tr Inv by 7.0% in the first quarter. Compound Planning Inc. now owns 17,974 shares of the investment management company’s stock valued at $177,000 after purchasing an additional 1,178 shares during the period. Institutional investors and hedge funds own 38.13% of the company’s stock.

Inv Vk Tr Inv Stock Up 0.3%

VGM traded up $0.03 on Friday, reaching $10.30. The stock had a trading volume of 202,379 shares, compared to its average volume of 172,998. Inv Vk Tr Inv has a 12-month low of $9.37 and a 12-month high of $10.66. The business’s 50-day moving average price is $10.13 and its two-hundred day moving average price is $10.27.

Inv Vk Tr Inv Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 14th were given a $0.0646 dividend. The ex-dividend date was Thursday, May 14th. This represents a c) annualized dividend and a dividend 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.