Invesco Bond Fund (NYSE:VBF) Sees Large Growth in Short Interest

Invesco Bond Fund (NYSE:VBFGet Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 27,236 shares, a growth of 95.5% from the May 31st total of 13,933 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 70,416 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Invesco Bond Fund

A number of institutional investors have recently modified their holdings of VBF. Sit Investment Associates Inc. raised its position in Invesco Bond Fund by 37.1% during the fourth quarter. Sit Investment Associates Inc. now owns 919,298 shares of the financial services provider’s stock valued at $14,166,000 after acquiring an additional 248,920 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Invesco Bond Fund by 51.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 294,626 shares of the financial services provider’s stock worth $4,419,000 after acquiring an additional 99,503 shares during the period. Wells Fargo & Company MN lifted its stake in Invesco Bond Fund by 1.5% in the 4th quarter. Wells Fargo & Company MN now owns 161,274 shares of the financial services provider’s stock valued at $2,485,000 after buying an additional 2,431 shares in the last quarter. 1607 Capital Partners LLC lifted its position in shares of Invesco Bond Fund by 192.0% in the fourth quarter. 1607 Capital Partners LLC now owns 149,362 shares of the financial services provider’s stock valued at $2,302,000 after acquiring an additional 98,212 shares in the last quarter. Finally, Fiera Capital Corp lifted its holdings in Invesco Bond Fund by 41.0% in the 4th quarter. Fiera Capital Corp now owns 108,368 shares of the financial services provider’s stock valued at $1,670,000 after purchasing an additional 31,501 shares in the last quarter. Hedge funds and other institutional investors own 43.73% of the company’s stock.

Invesco Bond Fund Trading Up 0.2%

NYSE:VBF opened at $15.12 on Friday. Invesco Bond Fund has a 12 month low of $14.68 and a 12 month high of $15.98. The firm has a fifty day simple moving average of $14.99 and a 200-day simple moving average of $15.18.

Invesco Bond Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th will be paid a dividend of $0.0665 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is Tuesday, July 14th.

Invesco Bond Fund Company Profile

(Get Free Report)

Invesco Bond Fund (NYSE: VBF) is an actively managed exchange-traded fund designed to provide investors with diversified exposure to investment-grade fixed-income securities. Launched and overseen by Invesco’s fixed income team, the fund primarily invests in U.S. government and corporate debt, alongside sectors such as mortgage- and asset-backed securities. Its objective is to offer a balance of current income and preservation of capital through broad market participation and sector-specific opportunities.

The fund’s strategy emphasizes intermediate-duration bonds, allowing portfolio managers to adjust interest-rate and credit exposures in response to evolving market conditions.

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