Invesco Bond Fund (NYSE:VBF) Short Interest Update

Invesco Bond Fund (NYSE:VBF) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 6,500 shares, a decrease of 41.4% from the December 15th total of 11,100 shares. Based on an average daily volume of 29,400 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Invesco Bond Fund

Several large investors have recently made changes to their positions in the business. Oak Harbor Wealth Partners LLC grew its position in shares of Invesco Bond Fund by 2.6% during the third quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider’s stock worth $724,000 after purchasing an additional 1,065 shares in the last quarter. ProVise Management Group LLC boosted its stake in Invesco Bond Fund by 5.6% in the 2nd quarter. ProVise Management Group LLC now owns 98,845 shares of the financial services provider’s stock worth $1,585,000 after purchasing an additional 5,255 shares during the period. WealthBridge Capital Management LLC boosted its stake in Invesco Bond Fund by 41.3% in the 3rd quarter. WealthBridge Capital Management LLC now owns 93,758 shares of the financial services provider’s stock worth $1,595,000 after purchasing an additional 27,407 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in Invesco Bond Fund by 1,545.2% during the 3rd quarter. International Assets Investment Management LLC now owns 100,359 shares of the financial services provider’s stock valued at $1,707,000 after buying an additional 94,259 shares in the last quarter. 43.73% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Bond Fund Stock Performance

Shares of NYSE VBF traded down $0.01 during midday trading on Tuesday, reaching $15.30. The stock had a trading volume of 14,655 shares, compared to its average volume of 22,732. Invesco Bond Fund has a 12-month low of $15.03 and a 12-month high of $17.48. The stock has a 50-day moving average of $15.74 and a 200-day moving average of $16.24.

Invesco Bond Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.84 dividend on an annualized basis and a yield of 5.49%.

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.