Short Interest in Invesco Bond Fund (NYSE:VBF) Decreases By 75.0%

Invesco Bond Fund (NYSE:VBF) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 10,200 shares, a decrease of 75.0% from the January 31st total of 40,800 shares. Based on an average trading volume of 31,600 shares, the days-to-cover ratio is presently 0.3 days.

Invesco Bond Fund Stock Performance

Shares of Invesco Bond Fund stock opened at $15.59 on Friday. Invesco Bond Fund has a 1 year low of $15.03 and a 1 year high of $17.48. The business has a 50-day moving average of $15.56 and a two-hundred day moving average of $16.10.

Invesco Bond Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were issued a $0.07 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.84 annualized dividend and a dividend yield of 5.39%.

Institutional Investors Weigh In On Invesco Bond Fund

Several large investors have recently modified their holdings of VBF. International Assets Investment Management LLC increased its holdings in shares of Invesco Bond Fund by 1,545.2% in the third quarter. International Assets Investment Management LLC now owns 100,359 shares of the financial services provider’s stock worth $1,707,000 after acquiring an additional 94,259 shares in the last quarter. Sit Investment Associates Inc. increased its holdings in shares of Invesco Bond Fund by 27.2% in the fourth quarter. Sit Investment Associates Inc. now owns 340,133 shares of the financial services provider’s stock worth $5,248,000 after acquiring an additional 72,710 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in shares of Invesco Bond Fund in the fourth quarter worth about $884,000. StoneX Group Inc. bought a new stake in shares of Invesco Bond Fund in the fourth quarter worth about $839,000. Finally, Guggenheim Capital LLC grew its holdings in shares of Invesco Bond Fund by 27.6% during the fourth quarter. Guggenheim Capital LLC now owns 235,663 shares of the financial services provider’s stock worth $3,636,000 after buying an additional 50,983 shares in the last quarter. 43.73% of the stock is currently owned by institutional investors.

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.