Invesco Bond Fund (NYSE:VBF) Short Interest Update

Invesco Bond Fund (NYSE:VBF) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 11,800 shares, anincreaseof2,850.0% from the July 31st total of 400 shares. Based on an average trading volume of 35,600 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 35,600 shares, the days-to-cover ratio is currently 0.3 days.

Invesco Bond Fund Stock Down 0.5%

VBF traded down $0.08 on Tuesday, hitting $15.40. 29,300 shares of the company’s stock traded hands, compared to its average volume of 32,647. The company’s 50 day simple moving average is $15.44 and its 200-day simple moving average is $15.38. Invesco Bond Fund has a one year low of $14.33 and a one year high of $17.48.

Invesco Bond Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 29th. Shareholders of record on Monday, August 18th were paid a $0.07 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a c) dividend on an annualized basis and a yield of 5.5%.

Institutional Trading of Invesco Bond Fund

A number of large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of Invesco Bond Fund by 4.9% in the 2nd quarter. Bank of America Corp DE now owns 72,361 shares of the financial services provider’s stock worth $1,117,000 after purchasing an additional 3,385 shares during the period. Raymond James Financial Inc. increased its position in Invesco Bond Fund by 33.1% during the 2nd quarter. Raymond James Financial Inc. now owns 50,174 shares of the financial services provider’s stock valued at $775,000 after buying an additional 12,484 shares in the last quarter. WealthBridge Capital Management LLC grew its stake in Invesco Bond Fund by 1.3% during the 2nd quarter. WealthBridge Capital Management LLC now owns 130,268 shares of the financial services provider’s stock valued at $2,011,000 after purchasing an additional 1,729 shares during the last quarter. 1607 Capital Partners LLC purchased a new stake in Invesco Bond Fund during the 1st quarter valued at about $159,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in Invesco Bond Fund during the 1st quarter valued at about $260,000. Institutional investors 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.