Invesco Bond Fund (NYSE:VBF - Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 27,200 shares, a decline of 35.1% from the April 30th total of 41,900 shares. Approximately 0.3% of the company's shares are sold short. Based on an average daily trading volume, of 31,500 shares, the short-interest ratio is currently 0.9 days.
Invesco Bond Fund Stock Down 0.0%
Shares of VBF traded down $0.01 during trading hours on Monday, hitting $15.39. The company had a trading volume of 21,218 shares, compared to its average volume of 31,906. Invesco Bond Fund has a 52-week low of $14.33 and a 52-week high of $17.48. The stock's 50 day moving average price is $15.28 and its 200 day moving average price is $15.48.
Invesco Bond Fund Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were paid a $0.07 dividend. The ex-dividend date was Friday, May 16th. This represents a $0.84 annualized dividend and a dividend yield of 5.46%.
Institutional Trading of Invesco Bond Fund
Several large investors have recently modified their holdings of the business. 1607 Capital Partners LLC bought a new stake in Invesco Bond Fund during the 1st quarter valued at approximately $159,000. Landscape Capital Management L.L.C. bought a new stake in shares of Invesco Bond Fund in the 1st quarter worth approximately $260,000. SFI Advisors LLC boosted its position in shares of Invesco Bond Fund by 82.4% in the 1st quarter. SFI Advisors LLC now owns 37,289 shares of the financial services provider's stock worth $576,000 after purchasing an additional 16,848 shares in the last quarter. Ethos Financial Group LLC bought a new stake in shares of Invesco Bond Fund in the 1st quarter worth approximately $455,000. Finally, Sit Investment Associates Inc. boosted its position in shares of Invesco Bond Fund by 12.6% in the 1st quarter. Sit Investment Associates Inc. now owns 382,991 shares of the financial services provider's stock worth $5,921,000 after purchasing an additional 42,858 shares in the last quarter. 43.73% of the stock is owned by institutional investors.
Invesco Bond Fund Company Profile
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Invesco Bond Fund is a close 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.
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