Inv Vk Ca Valu (NYSE:VCV) Short Interest Update

Inv Vk Ca Valu (NYSE:VCV) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 183,132 shares, a decrease of 13.2% from the February 12th total of 211,071 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 98,177 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily volume of 98,177 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.4% of the shares of the stock are short sold.

Inv Vk Ca Valu Stock Performance

Shares of Inv Vk Ca Valu stock opened at $10.84 on Thursday. Inv Vk Ca Valu has a 1 year low of $9.51 and a 1 year high of $11.38. The business has a 50 day moving average price of $11.13 and a 200 day moving average price of $10.90.

Inv Vk Ca Valu Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.0646 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a c) annualized dividend and a yield of 7.2%.

Institutional Trading of Inv Vk Ca Valu

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new stake in Inv Vk Ca Valu during the 4th quarter worth about $39,000. US Bancorp DE acquired a new position in Inv Vk Ca Valu in the 3rd quarter valued at about $102,000. HCR Wealth Advisors purchased a new position in Inv Vk Ca Valu in the 3rd quarter valued at about $105,000. Eclectic Associates Inc. ADV acquired a new position in shares of Inv Vk Ca Valu in the fourth quarter valued at approximately $138,000. Finally, NWF Advisory Services Inc. purchased a new position in shares of Inv Vk Ca Valu during the second quarter valued at approximately $133,000. 18.80% of the stock is currently owned by hedge funds and other institutional investors.

About Inv Vk Ca Valu

Invesco California Value Municipal Income Trust 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 California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.