Invesco Bond Fund (NYSE:VBF) Short Interest Up 466.7% in March

Invesco Bond Fund (NYSE:VBF) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 13,600 shares, a growth of 466.7% from the February 28th total of 2,400 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 32,400 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Invesco Bond Fund

Hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its holdings in shares of Invesco Bond Fund by 15.0% during the 4th quarter. Invesco Ltd. now owns 147,188 shares of the financial services provider’s stock worth $2,271,000 after acquiring an additional 19,192 shares during the period. ProVise Management Group LLC increased its position in Invesco Bond Fund by 17.2% during the fourth quarter. ProVise Management Group LLC now owns 130,724 shares of the financial services provider’s stock worth $2,017,000 after purchasing an additional 19,200 shares during the last quarter. WealthBridge Capital Management LLC raised its stake in Invesco Bond Fund by 23.8% during the fourth quarter. WealthBridge Capital Management LLC now owns 116,042 shares of the financial services provider’s stock worth $1,791,000 after purchasing an additional 22,284 shares during the period. Wolverine Asset Management LLC acquired a new position in shares of Invesco Bond Fund in the 4th quarter valued at $351,000. Finally, Jones Financial Companies Lllp grew its stake in shares of Invesco Bond Fund by 39.3% during the 4th quarter. Jones Financial Companies Lllp now owns 141,398 shares of the financial services provider’s stock valued at $2,182,000 after buying an additional 39,871 shares during the period. 43.73% of the stock is owned by institutional investors and hedge funds.

Invesco Bond Fund Trading Down 0.3 %

Shares of Invesco Bond Fund stock traded down $0.04 during trading hours on Thursday, reaching $15.34. 24,321 shares of the company’s stock were exchanged, compared to its average volume of 31,993. Invesco Bond Fund has a 52-week low of $15.03 and a 52-week high of $17.48. The company has a fifty day moving average of $15.52 and a 200-day moving average of $15.93.

Invesco Bond Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.84 annualized dividend and a yield of 5.48%.

About Invesco Bond Fund

Invesco Bond Fund is a close 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.