Short Interest in Inv Vk Invt Ny (NYSE:VTN) Increases By 39.8%

Inv Vk Invt Ny (NYSE:VTN) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 203,710 shares, a growth of 39.8% from the November 30th total of 145,767 shares. Based on an average trading volume of 56,491 shares, the short-interest ratio is presently 3.6 days. Based on an average trading volume of 56,491 shares, the short-interest ratio is presently 3.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Fingerlakes Wealth Management Inc. purchased a new position in shares of Inv Vk Invt Ny in the third quarter worth approximately $111,000. Horizon Kinetics Asset Management LLC boosted its stake in Inv Vk Invt Ny by 17.9% in the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 12,274 shares of the investment management company’s stock worth $128,000 after purchasing an additional 1,860 shares during the period. Susquehanna International Group LLP grew its position in Inv Vk Invt Ny by 17.6% during the 3rd quarter. Susquehanna International Group LLP now owns 12,425 shares of the investment management company’s stock worth $137,000 after purchasing an additional 1,861 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Inv Vk Invt Ny during the 1st quarter valued at $255,000. Finally, Alpine Global Management LLC purchased a new stake in shares of Inv Vk Invt Ny in the third quarter valued at $619,000. 34.87% of the stock is currently owned by institutional investors and hedge funds.

Inv Vk Invt Ny Stock Performance

Shares of NYSE VTN opened at $11.49 on Tuesday. The stock’s fifty day simple moving average is $11.29 and its 200 day simple moving average is $10.79. Inv Vk Invt Ny has a 52-week low of $9.49 and a 52-week high of $11.86.

Inv Vk Invt Ny Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be issued a dividend of $0.0685 per share. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Tuesday, December 16th.

About Inv Vk Invt Ny

Invesco Trust for Investment Grade New York Municipals 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. The fund primarily invests in investment grade New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.