Short Interest in Inv Vk Invt Ny (NYSE:VTN) Drops By 30.3%

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

Inv Vk Invt Ny Stock Up 0.1%

Inv Vk Invt Ny stock traded up $0.01 during mid-day trading on Friday, reaching $11.62. 18,302 shares of the stock traded hands, compared to its average volume of 38,058. Inv Vk Invt Ny has a 12-month low of $9.49 and a 12-month high of $11.86. The business’s 50-day moving average is $11.46 and its 200-day moving average is $10.91.

Inv Vk Invt Ny Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be paid a $0.0685 dividend. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Thursday, January 15th.

Institutional Trading of Inv Vk Invt Ny

Several large investors have recently added to or reduced their stakes in VTN. Aventura Private Wealth LLC bought a new position in Inv Vk Invt Ny in the fourth quarter worth approximately $46,000. Fingerlakes Wealth Management Inc. bought a new position in Inv Vk Invt Ny in the 3rd quarter worth $111,000. Horizon Kinetics Asset Management LLC lifted its position in Inv Vk Invt Ny by 17.9% during the second 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 in the last quarter. Susquehanna International Group LLP lifted its position in Inv Vk Invt Ny by 17.6% during the third 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 in the last quarter. Finally, Alpine Global Management LLC bought a new stake in Inv Vk Invt Ny during the third quarter valued at about $619,000. 34.87% of the stock is currently 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.