Short Interest in Inv Vk Invt Ny (NYSE:VTN) Decreases By 15.2%

Inv Vk Invt Ny (NYSE:VTN) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 136,858 shares, a decline of 15.2% from the January 15th total of 161,434 shares. Based on an average trading volume of 35,479 shares, the short-interest ratio is presently 3.9 days. Based on an average trading volume of 35,479 shares, the short-interest ratio is presently 3.9 days.

Inv Vk Invt Ny Stock Performance

Shares of NYSE VTN traded down $0.20 during midday trading on Tuesday, hitting $11.88. The company’s stock had a trading volume of 47,872 shares, compared to its average volume of 37,827. The stock has a fifty day moving average price of $11.61 and a 200 day moving average price of $11.12. Inv Vk Invt Ny has a one year low of $9.49 and a one year high of $12.10.

Inv Vk Invt Ny Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.0685 per share. The ex-dividend date is Tuesday, February 17th. This represents a c) annualized dividend and a dividend yield of 6.9%.

Institutional Trading of Inv Vk Invt Ny

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. 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 lifted its holdings in shares of Inv Vk Invt Ny by 17.6% in the third quarter. Susquehanna International Group LLP now owns 12,425 shares of the investment management company’s stock worth $137,000 after buying an additional 1,861 shares in the last quarter. Aventura Private Wealth LLC bought a new position in shares of Inv Vk Invt Ny in the fourth quarter valued at approximately $46,000. LPL Financial LLC boosted its position in shares of 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 acquiring an additional 6,699 shares during the period. Finally, Bank of America Corp DE grew its stake in Inv Vk Invt Ny by 6.8% during the second quarter. Bank of America Corp DE now owns 112,148 shares of the investment management company’s stock valued at $1,171,000 after acquiring an additional 7,184 shares in the last quarter. 34.87% of the stock is currently owned by institutional investors.

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.