Inv Vk Pa Valu (NYSE:VPV) Short Interest Update

Inv Vk Pa Valu (NYSE:VPV - Get Free Report) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 40,600 shares, an increase of 56.2% from the May 15th total of 26,000 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 45,700 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On Inv Vk Pa Valu

Several hedge funds have recently made changes to their positions in the business. Baird Financial Group Inc. purchased a new stake in shares of Inv Vk Pa Valu during the first quarter worth approximately $353,000. Landscape Capital Management L.L.C. acquired a new position in Inv Vk Pa Valu during the 1st quarter worth approximately $285,000. North Ground Capital raised its stake in shares of Inv Vk Pa Valu by 46.1% during the 1st quarter. North Ground Capital now owns 55,335 shares of the financial services provider's stock worth $544,000 after buying an additional 17,461 shares in the last quarter. Walleye Capital LLC lifted its holdings in shares of Inv Vk Pa Valu by 68.6% in the 1st quarter. Walleye Capital LLC now owns 19,017 shares of the financial services provider's stock valued at $194,000 after buying an additional 7,735 shares during the period. Finally, Wolverine Asset Management LLC boosted its stake in shares of Inv Vk Pa Valu by 336.6% in the first quarter. Wolverine Asset Management LLC now owns 83,276 shares of the financial services provider's stock valued at $849,000 after buying an additional 64,204 shares in the last quarter.

Inv Vk Pa Valu Price Performance

VPV stock remained flat at $9.87 on Wednesday. 35,387 shares of the company traded hands, compared to its average volume of 51,328. The firm's 50-day simple moving average is $9.85 and its 200 day simple moving average is $10.22. Inv Vk Pa Valu has a 1 year low of $9.50 and a 1 year high of $11.41.

Inv Vk Pa Valu Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be paid a $0.0667 dividend. The ex-dividend date is Tuesday, June 17th. This represents a $0.80 dividend on an annualized basis and a yield of 8.11%.

About Inv Vk Pa Valu

Invesco Pennsylvania 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.