Invesco Trust for Investment Gr shares had a trading volume of 39K in the last trading session. Shares saw a steep increase in trading volume of 9.01% over the normal average daily volume. Investors are feeling more bearish on shares of the company lately as evidenced by the uptick in short interest. The stock realized a rise in short interest of 144.22% as of the latest report on October 13, 2017. Short shares grew 10,524 over that period.
The following firms have recently changed their position in VTN. Landscape Capital Management, L.l.c. reduced its ownership by shedding 101,487 shares a decrease of 76.2% as of 06/30/2017. Landscape Capital Management, L.l.c. now controls 31,703 shares valued at $434,000. The total value of its holdings decreased 75.5%. Fiera Capital Corp divested its position by selling 66,504 shares a decrease of 59.5% in the quarter. Fiera Capital Corp claims 45,360 shares worth $621,000. The value of the position overall is down by 58.8%.
Ubs Group Ag grew its investment by buying 29,710 shares an increase of 4,984.9%. Ubs Group Ag now holds 30,306 shares with a value of $415,000. The value of the position overall is up by 5,087.5%. As of quarter end Creative Planning had acquired a total of 5,675 shares growing its holdings by 51.2%. The value of the investment in Invesco Trust for Investment Gr increased from $152,000 to $230,000 a change of 51.3% for the reporting period.
In the market the company is trading down from yesterday’s close of $13.56. The stock is trading at $13.56 slightly below the 50 day moving average which is $13.74 and a tad under the 200 day moving average of $13.72. The 50 day moving average was down $-0.18 and the 200 day average went down $-0.16 or -1.20%.
Invesco Trust for Investment Grade New York Municipals is a closed-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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Trust for Investment Grade New York Municipals. Invesco Trust for Investment Grade New York Municipals was formed on March 27, 1992 and is domiciled in the United States..