Invesco Bond Fund (NYSE:VBF) Short Interest Up 172.5% in July

Key Points

• Short interest surged 172.5% in July to 12,099 shares, but only about 0.1% of VBF’s shares are short and the days-to-cover ratio remains low at 0.1 days.
• Institutional investors own 43.73% of Invesco Bond Fund, with several firms—including PNC Financial Services and Fifth Third Bancorp—significantly increasing their holdings.
• VBF opened at $14.77, near its 52-week low, and declared a monthly dividend of $0.0665, representing an annualized yield of approximately 5.4%.

Invesco Bond Fund (NYSE:VBF - Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 12,099 shares, a growth of 172.5% from the July 15th total of 4,440 shares. Based on an average daily volume of 88,556 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Invesco Bond Fund

A number of large investors have recently bought and sold shares of VBF. Fifth Third Bancorp grew its holdings in shares of Invesco Bond Fund by 153.8% during the first quarter. Fifth Third Bancorp now owns 2,538 shares of the financial services provider's stock valued at $38,000 after purchasing an additional 1,538 shares during the last quarter. Noble Wealth Management PBC lifted its stake in Invesco Bond Fund by 57.1% in the second quarter. Noble Wealth Management PBC now owns 2,670 shares of the financial services provider's stock valued at $40,000 after buying an additional 970 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Invesco Bond Fund by 686.0% during the first quarter. PNC Financial Services Group Inc. now owns 4,032 shares of the financial services provider's stock valued at $60,000 after acquiring an additional 3,519 shares during the period. International Assets Investment Management LLC bought a new position in shares of Invesco Bond Fund during the fourth quarter worth about $71,000. Finally, Shaker Financial Services LLC bought a new stake in Invesco Bond Fund in the 4th quarter valued at about $168,000. Institutional investors own 43.73% of the company's stock.

Invesco Bond Fund Trading Up 0.1%

VBF stock opened at $14.77 on Friday. Invesco Bond Fund has a 1-year low of $14.44 and a 1-year high of $15.98. The firm has a fifty day moving average price of $14.90 and a two-hundred day moving average price of $15.05.

Invesco Bond Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be issued a $0.0665 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 5.4%.

About Invesco Bond Fund

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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