Inv Vk Ca Valu (NYSE:VCV) Short Interest Update

Inv Vk Ca Valu (NYSE:VCVGet Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 126,646 shares, a growth of 80.1% from the June 30th total of 70,317 shares. Based on an average daily volume of 82,180 shares, the short-interest ratio is currently 1.5 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. grew its position in Inv Vk Ca Valu by 3.1% in the second quarter. Osaic Holdings Inc. now owns 40,265 shares of the investment management company’s stock worth $418,000 after acquiring an additional 1,196 shares in the last quarter. US Bancorp DE purchased a new stake in Inv Vk Ca Valu during the third quarter valued at approximately $102,000. Creative Planning purchased a new stake in Inv Vk Ca Valu during the third quarter valued at approximately $229,000. Bank of America Corp DE lifted its stake in shares of Inv Vk Ca Valu by 14.8% in the 3rd quarter. Bank of America Corp DE now owns 200,386 shares of the investment management company’s stock valued at $2,122,000 after purchasing an additional 25,876 shares during the last quarter. Finally, Vanguard Capital Wealth Advisors lifted its stake in shares of Inv Vk Ca Valu by 50.0% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 30,000 shares of the investment management company’s stock valued at $334,000 after purchasing an additional 10,000 shares during the last quarter. Institutional investors own 18.80% of the company’s stock.

Inv Vk Ca Valu Price Performance

Inv Vk Ca Valu stock traded up $0.03 during mid-day trading on Friday, reaching $10.54. 205,025 shares of the company’s stock traded hands, compared to its average volume of 94,115. Inv Vk Ca Valu has a 12-month low of $9.98 and a 12-month high of $11.38. The stock has a 50 day moving average of $10.67 and a two-hundred day moving average of $10.79.

Inv Vk Ca Valu Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th were issued a $0.0646 dividend. The ex-dividend date was Tuesday, July 14th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

About Inv Vk Ca Valu

(Get Free Report)

Invesco California Value Municipal Income Trust 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 California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.

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