Inv Vk Tr Inv (NYSE:VGM) Sees Large Drop in Short Interest

Inv Vk Tr Inv (NYSE:VGMGet Free Report) was the target of a significant decrease in short interest in 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. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 153,618 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Stifel Financial Corp raised its position in Inv Vk Tr Inv by 0.4% in the fourth quarter. Stifel Financial Corp now owns 245,207 shares of the investment management company’s stock worth $2,543,000 after acquiring an additional 1,047 shares in the last quarter. Compound Planning Inc. raised its position in 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 worth $177,000 after acquiring an additional 1,178 shares in the last quarter. Prospera Financial Services Inc raised its position in Inv Vk Tr Inv by 4.4% in the third quarter. Prospera Financial Services Inc now owns 29,606 shares of the investment management company’s stock worth $300,000 after acquiring an additional 1,250 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Inv Vk Tr Inv by 6.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,339 shares of the investment management company’s stock worth $273,000 after acquiring an additional 1,617 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its position in Inv Vk Tr Inv by 3.0% in the third quarter. Capital Investment Advisory Services LLC now owns 63,048 shares of the investment management company’s stock worth $638,000 after acquiring an additional 1,830 shares in 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 $0.03 during trading hours on Monday, hitting $10.05. 219,218 shares of the company were exchanged, compared to its average volume of 170,271. 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 moving average of $10.18 and a 200-day moving average of $10.28.

Inv Vk Tr Inv Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.0646 per share. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Thursday, May 14th.

About Inv Vk Tr Inv

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Inv Vk Tr Inv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inv Vk Tr Inv and related companies with MarketBeat.com's FREE daily email newsletter.