Invesco Bond Fund (NYSE:VBF – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 43,791 shares, an increase of 428.6% from the August 31st total of 8,285 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 107,487 shares, the days-to-cover ratio is presently 0.4 days.
Invesco Bond Fund Stock Up 0.4%
VBF stock opened at $14.31 on Friday. The stock’s 50 day simple moving average is $14.63 and its 200 day simple moving average is $14.88. Invesco Bond Fund has a 12-month low of $14.18 and a 12-month high of $15.87.
Invesco Bond Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 14th will be issued a dividend of $0.0665 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Monday, September 14th.
Institutional Investors Weigh In On Invesco Bond Fund
About Invesco Bond Fund
Invesco Bond Fund is a closed-end management investment company listed on the New York Stock Exchange under the symbol VBF. The fund is managed by Invesco Ltd., a global investment management firm, and is designed for investors seeking current income through a portfolio of fixed-income investments.
The fund invests primarily in bonds and other debt securities. Its portfolio may include corporate bonds, government and government-related securities, mortgage-backed securities, and other fixed-income instruments.
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