Inv Vk Invt Ny (NYSE:VTN) Short Interest Down 30.3% in December

Inv Vk Invt Ny (NYSE:VTN) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 141,926 shares, a decrease of 30.3% from the December 15th total of 203,710 shares. Based on an average daily volume of 63,315 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 63,315 shares, the days-to-cover ratio is currently 2.2 days.

Inv Vk Invt Ny Price Performance

VTN traded up $0.01 during midday trading on Monday, hitting $11.62. 18,302 shares of the company traded hands, compared to its average volume of 34,653. The company’s 50-day moving average is $11.47 and its 200 day moving average is $10.92. 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 announced a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be given a $0.0685 dividend. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Thursday, January 15th.

Hedge Funds Weigh In On Inv Vk Invt Ny

Several hedge funds and other institutional investors have recently modified their holdings of VTN. Aventura Private Wealth LLC bought a new stake in shares of Inv Vk Invt Ny in the fourth quarter worth $46,000. Fingerlakes Wealth Management Inc. purchased a new position in Inv Vk Invt Ny in the third quarter worth about $111,000. Horizon Kinetics Asset Management LLC grew its stake in shares of Inv Vk Invt Ny by 17.9% during the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 12,274 shares of the investment management company’s stock valued at $128,000 after purchasing an additional 1,860 shares during the period. Susquehanna International Group LLP increased its position in shares of 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 valued at $137,000 after purchasing an additional 1,861 shares during the last quarter. Finally, Alpine Global Management LLC bought a new position in shares of Inv Vk Invt Ny in the 3rd quarter worth approximately $619,000. 34.87% of the stock is owned by institutional investors.

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.