Inv Vk Invt Ny (NYSE:VTN) Sees Large Decline in Short Interest

Inv Vk Invt Ny (NYSE:VTN) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 56,613 shares, a decrease of 45.3% from the March 15th total of 103,519 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 36,055 shares, the days-to-cover ratio is presently 1.6 days.

Inv Vk Invt Ny Trading Up 0.3%

NYSE:VTN traded up $0.04 during trading hours on Monday, hitting $11.18. The company’s stock had a trading volume of 5,029 shares, compared to its average volume of 27,627. The business’s 50-day moving average is $11.38 and its two-hundred day moving average is $11.34. Inv Vk Invt Ny has a 52-week low of $9.80 and a 52-week high of $12.10.

Inv Vk Invt Ny Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 14th will be issued a $0.0685 dividend. The ex-dividend date of this dividend is Tuesday, April 14th. This represents a c) annualized dividend and a yield of 7.4%.

Institutional Trading of Inv Vk Invt Ny

Several large investors have recently bought and sold shares of the company. Guggenheim Capital LLC grew its holdings in Inv Vk Invt Ny by 9.8% in the fourth quarter. Guggenheim Capital LLC now owns 254,899 shares of the investment management company’s stock valued at $2,934,000 after purchasing an additional 22,686 shares during the last quarter. &PARTNERS acquired a new stake in Inv Vk Invt Ny in the fourth quarter valued at $147,000. Royal Bank of Canada grew its holdings in Inv Vk Invt Ny by 7.5% in the fourth quarter. Royal Bank of Canada now owns 170,015 shares of the investment management company’s stock valued at $1,957,000 after purchasing an additional 11,900 shares during the last quarter. Jane Street Group LLC acquired a new stake in Inv Vk Invt Ny in the fourth quarter valued at $202,000. Finally, LPL Financial LLC grew its holdings in Inv Vk Invt Ny by 20.0% in the fourth quarter. LPL Financial LLC now owns 40,266 shares of the investment management company’s stock valued at $463,000 after purchasing an additional 6,699 shares during the last quarter. Institutional investors and hedge funds own 34.87% of the company’s stock.

Inv Vk Invt Ny Company Profile

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.