Short Interest in Invesco Bond Fund (NYSE:VBF) Decreases By 25.3%

Invesco Bond Fund (NYSE:VBF) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 12,100 shares, a decrease of 25.3% from the October 31st total of 16,200 shares. Based on an average trading volume of 29,700 shares, the days-to-cover ratio is presently 0.4 days.

Invesco Bond Fund Price Performance

Invesco Bond Fund stock traded up $0.06 during mid-day trading on Friday, reaching $15.84. The company had a trading volume of 17,203 shares, compared to its average volume of 28,981. The company has a 50 day moving average of $16.34 and a 200-day moving average of $16.30. Invesco Bond Fund has a 52 week low of $15.03 and a 52 week high of $17.48.

Invesco Bond Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a dividend of $0.074 per share. This represents a $0.89 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend was Friday, November 15th.

Institutional Trading of Invesco Bond Fund

Hedge funds have recently modified their holdings of the company. International Assets Investment Management LLC boosted its position in shares of 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 acquiring an additional 94,259 shares in the last quarter. WealthBridge Capital Management LLC boosted its holdings in Invesco Bond Fund by 41.3% during the third quarter. WealthBridge Capital Management LLC now owns 93,758 shares of the financial services provider’s stock valued at $1,595,000 after purchasing an additional 27,407 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of Invesco Bond Fund by 14.8% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 110,842 shares of the financial services provider’s stock valued at $1,778,000 after purchasing an additional 14,330 shares during the period. Gilman Hill Asset Management LLC acquired a new position in shares of Invesco Bond Fund in the 2nd quarter worth approximately $168,000. Finally, ProVise Management Group LLC raised its holdings in shares of 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 buying an additional 5,255 shares in the last quarter. 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.