Inv Vk Ca Valu (NYSE:VCV) Short Interest Up 21.4% in February

Inv Vk Ca Valu (NYSE:VCV) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 211,071 shares, a growth of 21.4% from the January 29th total of 173,890 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 91,918 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily volume of 91,918 shares, the days-to-cover ratio is currently 2.3 days. Currently, 0.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On Inv Vk Ca Valu

Institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new stake in shares of Inv Vk Ca Valu during the fourth quarter worth $39,000. US Bancorp DE acquired a new position in Inv Vk Ca Valu during the 3rd quarter worth about $102,000. HCR Wealth Advisors bought a new stake in Inv Vk Ca Valu during the 3rd quarter worth about $105,000. Eclectic Associates Inc. ADV acquired a new stake in Inv Vk Ca Valu in the 4th quarter valued at about $138,000. Finally, NWF Advisory Services Inc. bought a new position in shares of Inv Vk Ca Valu in the second quarter worth about $133,000. Institutional investors own 18.80% of the company’s stock.

Inv Vk Ca Valu Stock Performance

NYSE:VCV opened at $11.15 on Wednesday. Inv Vk Ca Valu has a 12 month low of $9.51 and a 12 month high of $11.38. The company’s 50-day moving average price is $11.15 and its two-hundred day moving average price is $10.85.

Inv Vk Ca Valu Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were given a dividend of $0.0646 per share. The ex-dividend date was Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 7.0%.

Inv Vk Ca Valu Company Profile

Invesco California Value Municipal Income Trust 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 California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.