Inv Vk Invt Ny (NYSE:VTN) Short Interest Down 25.0% in February

Inv Vk Invt Ny (NYSE:VTN) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 135,504 shares, a decrease of 25.0% from the February 12th total of 180,723 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average trading volume of 41,222 shares, the days-to-cover ratio is currently 3.3 days. Based on an average trading volume of 41,222 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.7% of the company’s shares are sold short.

Inv Vk Invt Ny Stock Performance

Shares of NYSE VTN traded down $0.03 during midday trading on Monday, hitting $11.31. The stock had a trading volume of 28,690 shares, compared to its average volume of 38,630. Inv Vk Invt Ny has a 1-year low of $9.49 and a 1-year high of $12.10. The company has a fifty day moving average price of $11.59 and a 200 day moving average price of $11.28.

Inv Vk Invt Ny Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.0685 per share. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Monday, March 16th.

Institutional Investors Weigh In On Inv Vk Invt Ny

Several institutional investors have recently bought and sold shares of VTN. Horizon Kinetics Asset Management LLC increased its position in shares of 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 worth $128,000 after acquiring an additional 1,860 shares in the last quarter. Guggenheim Capital LLC lifted its holdings in shares of Inv Vk Invt Ny by 6.3% during the 2nd quarter. Guggenheim Capital LLC now owns 354,973 shares of the investment management company’s stock valued at $3,706,000 after acquiring an additional 21,089 shares in the last quarter. Bank of America Corp DE boosted its position 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 worth $1,171,000 after purchasing an additional 7,184 shares during the period. Hennion & Walsh Asset Management Inc. boosted its position 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 worth $2,788,000 after purchasing an additional 87,544 shares during the period. Finally, Fingerlakes Wealth Management Inc. acquired a new stake in Inv Vk Invt Ny in the 3rd quarter valued at $111,000. 34.87% of the stock is currently owned by hedge funds and other institutional investors.

About Inv Vk Invt Ny

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.