Invesco Bond Fund (NYSE:VBF) Short Interest Down 25.3% in November

Invesco Bond Fund (NYSE:VBF) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 12,100 shares, a decline 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 currently 0.4 days.

Institutional Investors Weigh In On Invesco Bond Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Invesco Bond Fund by 14.8% during the second 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 last quarter. International Assets Investment Management LLC increased its position 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. ProVise Management Group LLC raised its stake 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 buying an additional 5,255 shares during the last quarter. WealthBridge Capital Management LLC boosted its holdings in Invesco Bond Fund by 41.3% in the third quarter. WealthBridge Capital Management LLC now owns 93,758 shares of the financial services provider’s stock worth $1,595,000 after acquiring an additional 27,407 shares in the last quarter. Finally, Oak Harbor Wealth Partners LLC grew its stake in shares of Invesco Bond Fund by 2.6% in the third quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider’s stock worth $724,000 after acquiring an additional 1,065 shares during the last quarter. Hedge funds and other institutional investors own 43.73% of the company’s stock.

Invesco Bond Fund Stock Performance

Invesco Bond Fund stock traded up $0.06 on Friday, hitting $15.84. 17,203 shares of the stock traded hands, compared to its average volume of 28,981. Invesco Bond Fund has a 1 year low of $15.03 and a 1 year high of $17.48. The business’s fifty day simple moving average is $16.34 and its 200 day simple moving average is $16.30.

Invesco Bond Fund Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.89 dividend on an annualized basis and a yield of 5.61%.

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.