Invesco Bond Fund (NYSE:VBF) Short Interest Update

Invesco Bond Fund (NYSE:VBF) was the target of a significant drop in short interest in 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 daily trading volume, of 31,600 shares, the days-to-cover ratio is presently 0.3 days.

Invesco Bond Fund Price Performance

Shares of NYSE VBF opened at $15.58 on Friday. Invesco Bond Fund has a 12 month low of $15.03 and a 12 month high of $17.48. The stock has a 50-day moving average price of $15.56 and a two-hundred day moving average price of $16.11.

Invesco Bond Fund Announces Dividend

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

Institutional Trading of Invesco Bond Fund

A number of hedge funds have recently added to or reduced their stakes in VBF. Guggenheim Capital LLC lifted its stake in shares of Invesco Bond Fund by 27.6% in the 4th quarter. Guggenheim Capital LLC now owns 235,663 shares of the financial services provider’s stock valued at $3,636,000 after acquiring an additional 50,983 shares during the last quarter. Raymond James Financial Inc. bought a new position in Invesco Bond Fund in the fourth quarter valued at about $654,000. Invesco Ltd. raised its position in Invesco Bond Fund by 15.0% in the fourth quarter. Invesco Ltd. now owns 147,188 shares of the financial services provider’s stock valued at $2,271,000 after purchasing an additional 19,192 shares during the last quarter. Sit Investment Associates Inc. boosted its stake in shares of Invesco Bond Fund by 27.2% during the fourth quarter. Sit Investment Associates Inc. now owns 340,133 shares of the financial services provider’s stock valued at $5,248,000 after purchasing an additional 72,710 shares in the last quarter. Finally, StoneX Group Inc. bought a new stake in shares of Invesco Bond Fund during the fourth quarter worth about $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.