Invesco Bond Fund (NYSE:VBF) Short Interest Update

Invesco Bond Fund (NYSE:VBF) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 11,100 shares, a drop of 18.4% from the November 30th total of 13,600 shares. Based on an average daily volume of 28,800 shares, the short-interest ratio is presently 0.4 days.

Invesco Bond Fund Stock Up 0.2 %

Shares of VBF traded up $0.03 during mid-day trading on Monday, reaching $15.39. 76,667 shares of the stock traded hands, compared to its average volume of 35,048. Invesco Bond Fund has a 1 year low of $15.03 and a 1 year high of $17.48. The firm has a fifty day moving average price of $15.94 and a 200 day moving average price of $16.30.

Invesco Bond Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be given a dividend of $0.085 per share. This represents a $1.02 annualized dividend and a yield of 6.63%. The ex-dividend date is Tuesday, December 17th.

Institutional Trading of Invesco Bond Fund

Institutional investors and hedge funds have recently modified their holdings of the business. International Assets Investment Management LLC purchased a new position in shares of Invesco Bond Fund during the second quarter worth about $98,000. Oak Harbor Wealth Partners LLC increased its holdings in shares of Invesco Bond Fund by 2.6% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider’s stock worth $724,000 after buying an additional 1,065 shares during the last quarter. WealthBridge Capital Management LLC raised its position in shares of Invesco Bond Fund by 41.3% during the 3rd quarter. WealthBridge Capital Management LLC now owns 93,758 shares of the financial services provider’s stock valued at $1,595,000 after buying an additional 27,407 shares in the last quarter. Finally, ProVise Management Group LLC raised its position in Invesco Bond Fund by 5.6% during the second quarter. ProVise Management Group LLC now owns 98,845 shares of the financial services provider’s stock valued at $1,585,000 after purchasing an additional 5,255 shares in the last quarter. Hedge funds and other institutional investors own 43.73% of the company’s stock.

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.