Short Interest in Invesco Bond Fund (NYSE:VBF) Increases By 95.5%

Invesco Bond Fund (NYSE:VBFGet Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 27,236 shares, an increase of 95.5% from the May 31st total of 13,933 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 70,416 shares, the days-to-cover ratio is currently 0.4 days.

Invesco Bond Fund Stock Up 0.2%

Shares of VBF traded up $0.04 during trading hours on Thursday, reaching $15.12. 34,171 shares of the company traded hands, compared to its average volume of 57,227. The stock has a fifty day simple moving average of $14.99 and a 200 day simple moving average of $15.18. Invesco Bond Fund has a fifty-two week low of $14.68 and a fifty-two week high of $15.98.

Invesco Bond Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 14th will be paid a dividend of $0.0665 per share. The ex-dividend date of this dividend is Tuesday, July 14th. This represents a c) annualized dividend and a dividend yield of 5.3%.

Institutional Trading of Invesco Bond Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sit Investment Associates Inc. lifted its stake in shares of Invesco Bond Fund by 37.1% during the 4th quarter. Sit Investment Associates Inc. now owns 919,298 shares of the financial services provider’s stock worth $14,166,000 after purchasing an additional 248,920 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Invesco Bond Fund by 51.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 294,626 shares of the financial services provider’s stock valued at $4,419,000 after purchasing an additional 99,503 shares during the last quarter. 1607 Capital Partners LLC lifted its position in Invesco Bond Fund by 192.0% during the fourth quarter. 1607 Capital Partners LLC now owns 149,362 shares of the financial services provider’s stock worth $2,302,000 after buying an additional 98,212 shares during the period. Fiera Capital Corp boosted its stake in Invesco Bond Fund by 41.0% in the 4th quarter. Fiera Capital Corp now owns 108,368 shares of the financial services provider’s stock worth $1,670,000 after buying an additional 31,501 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its stake in Invesco Bond Fund by 25.7% in the 4th quarter. Wolverine Asset Management LLC now owns 94,006 shares of the financial services provider’s stock worth $1,449,000 after buying an additional 19,191 shares during the last quarter. 43.73% of the stock is owned by hedge funds and other institutional investors.

Invesco Bond Fund Company Profile

(Get Free Report)

Invesco Bond Fund (NYSE: VBF) is an actively managed exchange-traded fund designed to provide investors with diversified exposure to investment-grade fixed-income securities. Launched and overseen by Invesco’s fixed income team, the fund primarily invests in U.S. government and corporate debt, alongside sectors such as mortgage- and asset-backed securities. Its objective is to offer a balance of current income and preservation of capital through broad market participation and sector-specific opportunities.

The fund’s strategy emphasizes intermediate-duration bonds, allowing portfolio managers to adjust interest-rate and credit exposures in response to evolving market conditions.

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