Inv Vk Tr Inv (NYSE:VGM) Short Interest Up 19.6% in February

Inv Vk Tr Inv (NYSE:VGM) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 151,848 shares, a growth of 19.6% from the January 29th total of 127,016 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 186,739 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 186,739 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

Inv Vk Tr Inv Stock Performance

NYSE:VGM traded down $0.05 during mid-day trading on Thursday, hitting $10.39. 104,260 shares of the stock traded hands, compared to its average volume of 199,979. The firm’s 50 day moving average is $10.42 and its two-hundred day moving average is $10.18. Inv Vk Tr Inv has a 52 week low of $9.28 and a 52 week high of $10.66.

Inv Vk Tr Inv Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.0646 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%.

Institutional Trading of Inv Vk Tr Inv

Institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in Inv Vk Tr Inv during the 3rd quarter worth approximately $30,000. Comerica Bank grew its position in Inv Vk Tr Inv by 85.2% during the 4th quarter. Comerica Bank now owns 5,370 shares of the investment management company’s stock worth $56,000 after purchasing an additional 2,470 shares during the period. Allworth Financial LP raised its stake in shares of Inv Vk Tr Inv by 727.9% during the 4th quarter. Allworth Financial LP now owns 5,688 shares of the investment management company’s stock valued at $59,000 after buying an additional 5,001 shares during the last quarter. Camelot Portfolios LLC purchased a new position in shares of Inv Vk Tr Inv during the 4th quarter valued at about $103,000. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of Inv Vk Tr Inv by 24.3% in the 3rd 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 during the period. Institutional investors and hedge funds own 38.13% of the company’s stock.

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.