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

Inv Vk Tr Inv (NYSE:VGM) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 361,600 shares, an increase of 247.7% from the November 30th total of 104,010 shares. Based on an average daily volume of 234,604 shares, the short-interest ratio is presently 1.5 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average daily volume of 234,604 shares, the short-interest ratio is presently 1.5 days.

Institutional Trading of Inv Vk Tr Inv

Hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new position in Inv Vk Tr Inv during the third quarter worth about $30,000. WMG Financial Advisors LLC acquired a new stake in shares of Inv Vk Tr Inv in the 2nd quarter valued at approximately $104,000. Concurrent Investment Advisors LLC boosted its stake in shares of Inv Vk Tr Inv by 24.3% in the third quarter. Concurrent Investment Advisors LLC now owns 12,805 shares of the investment management company’s stock valued at $130,000 after buying an additional 2,500 shares in the last quarter. Calton & Associates Inc. acquired a new position in Inv Vk Tr Inv during the first quarter worth $132,000. Finally, Permanent Capital Management LP acquired a new position in Inv Vk Tr Inv during the third quarter worth $142,000. Institutional investors and hedge funds own 38.13% of the company’s stock.

Inv Vk Tr Inv Stock Up 0.0%

Shares of NYSE VGM traded up $0.01 during midday trading on Friday, reaching $10.32. 164,544 shares of the stock were exchanged, compared to its average volume of 200,555. The company has a 50 day simple moving average of $10.22 and a 200 day simple moving average of $9.88. Inv Vk Tr Inv has a twelve month low of $9.28 and a twelve month high of $10.41.

Inv Vk Tr Inv Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be issued a $0.0646 dividend. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, December 16th.

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.