Invesco Trust for Investment Grade Municipals (NYSE:VGM) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 39,600 shares, an increase of 1,366.7% from the September 30th total of 2,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Shares of NYSE VGM opened at $12.38 on Thursday. Invesco Trust for Investment Grade Municipals has a 1-year low of $8.62 and a 1-year high of $13.46. The business’s 50 day moving average is $12.51 and its two-hundred day moving average is $12.30.
The business also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be issued a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date of this dividend is Wednesday, October 14th.
About Invesco Trust for Investment Grade Municipals
Invesco Trust for Investment Grade 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.
Recommended Story: Beige Book
Receive News & Ratings for Invesco Trust for Investment Grade Municipals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Trust for Investment Grade Municipals and related companies with MarketBeat.com's FREE daily email newsletter.