Invesco Bond Fund (NYSE:VBF) Short Interest Update

Invesco Bond Fund (NYSE:VBF) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 10,200 shares, a drop of 75.0% from the January 31st total of 40,800 shares. Based on an average trading volume of 31,600 shares, the short-interest ratio is currently 0.3 days.

Invesco Bond Fund Trading Down 0.3 %

Shares of NYSE:VBF opened at $15.58 on Friday. Invesco Bond Fund has a 52 week low of $15.03 and a 52 week high of $17.48. The firm’s fifty day moving average is $15.56 and its 200-day moving average is $16.11.

Invesco Bond Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be given a $0.07 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.39%.

Institutional Investors Weigh In On Invesco Bond Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Guggenheim Capital LLC lifted its stake in shares of Invesco Bond Fund by 27.6% in the fourth quarter. Guggenheim Capital LLC now owns 235,663 shares of the financial services provider’s stock worth $3,636,000 after acquiring an additional 50,983 shares during the period. Raymond James Financial Inc. bought a new position in Invesco Bond Fund during the 4th quarter worth approximately $654,000. Invesco Ltd. raised its holdings in Invesco Bond Fund by 15.0% during the 4th quarter. Invesco Ltd. now owns 147,188 shares of the financial services provider’s stock worth $2,271,000 after purchasing an additional 19,192 shares during the last quarter. Sit Investment Associates Inc. lifted its position in shares of Invesco Bond Fund by 27.2% in the 4th quarter. Sit Investment Associates Inc. now owns 340,133 shares of the financial services provider’s stock worth $5,248,000 after purchasing an additional 72,710 shares during the period. Finally, StoneX Group Inc. bought a new stake in shares of Invesco Bond Fund in the 4th quarter valued at $839,000. Institutional investors and hedge funds own 43.73% of the company’s stock.

Invesco Bond Fund Company Profile

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.