Invesco Trust for Investment Grade New York Municipals (VTN) Forms $12.69 Double Bottom; Drive Shack (DS) Shorts Raised By 4.13%

Invesco Trust for Investment Grade New York Municipals (VTN) formed double bottom with $11.80 target or 7.00% below today’s $12.69 share price. Invesco Trust for Investment Grade New York Municipals (VTN) has $247.17 million valuation. The stock increased 0.24% or $0.03 during the last trading session, reaching $12.69. About 29,269 shares traded. Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) has declined 5.54% since June 14, 2017 and is downtrending. It has underperformed by 18.11% the S&P500.

Drive Shack Inc (NYSE:DS) had an increase of 4.13% in short interest. DS’s SI was 2.51 million shares in June as released by FINRA. Its up 4.13% from 2.42 million shares previously. With 511,000 avg volume, 5 days are for Drive Shack Inc (NYSE:DS)’s short sellers to cover DS’s short positions. The SI to Drive Shack Inc’s float is 4.29%. The stock increased 3.48% or $0.23 during the last trading session, reaching $6.83. About 944,755 shares traded or 121.88% up from the average. Drive Shack Inc. (NYSE:DS) has risen 89.18% since June 14, 2017 and is uptrending. It has outperformed by 76.61% the S&P500. Some Historical DS News: ; 07/03/2018 DRIVE SHACK INC – QTRLY GAAP LOSS PER WA BASIC SHARE $0.38; 07/03/2018 – Drive Shack 4Q Loss/Shr 71c; 09/03/2018 – Drive Shack Short-Interest Ratio Rises 121% to 13 Days; 03/05/2018 – Drive Shack 1Q Adj Loss/Shr 8c; 21/04/2018 – DJ Drive Shack Inc, Inst Holders, 1Q 2018 (DS); 07/03/2018 – DRIVE SHACK INC QTRLY TOTAL REVENUES $70.4 MLN VS $69.1 MLN; 15/05/2018 – Trafelet Capital Management Buys 1.5% Position in Drive Shack; 07/03/2018 – Drive Shack 4Q Adj Loss/Shr 2c; 03/05/2018 – Drive Shack 1Q Rev $66.7M; 05/04/2018 – Drive Shack Makes Highly Anticipated Debut

More recent Drive Shack Inc. (NYSE:DS) news were published by: Prnewswire.com which released: “Trace3 Brings Cutting-Edge Technology To Drive Shack’s Golf-Entertainment Centers” on June 12, 2018. Also Seekingalpha.com published the news titled: “Apple: Expectations Meet Reality” on May 31, 2018. Globenewswire.com‘s news article titled: “New Research Coverage Highlights Apollo Commercial Real Estate Finance, Drive Shack, GlycoMimetics, Dycom …” with publication date: May 22, 2018 was also an interesting one.

Newcastle Investment Corp. operates as a real estate investment trust in the United States. The company has market cap of $457.45 million. The firm invests in and manages real estate related and other investments, including senior housing properties; debt investments financed with collateralized debt obligations; other debt investments; and investments in golf courses and facilities. It currently has negative earnings. It also invests in securities, including commercial mortgage backed securities, senior unsecured debt issued by property REITs, and real estate related asset backed securities, as well as in loans, such as real estate related and other loans, including corporate bank loans, commercial mortgage loans, residential mortgage loans, manufactured housing loans, and subprime mortgage loans.

Investors sentiment increased to 1.5 in 2018 Q1. Its up 0.21, from 1.29 in 2017Q4. It is positive, as 1 investors sold Invesco Trust for Investment Grade New York Municipals shares while 3 reduced holdings. 1 funds opened positions while 5 raised stakes. 1.21 million shares or 0.39% less from 1.21 million shares in 2017Q4 were reported. Highlander Capital Lc invested in 1,031 shares. Guggenheim Capital Ltd Liability Company stated it has 508,266 shares or 0.02% of all its holdings. Fdx reported 10,415 shares stake. Landscape Mngmt Lc has 0.03% invested in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) for 34,996 shares. 20,905 are held by Choate Invest Advsrs. Morgan Stanley has 77,692 shares. 11,093 are held by Creative Planning. Wells Fargo And Mn owns 0% invested in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) for 4,545 shares. Invesco Ltd has 103,454 shares for 0% of their portfolio. The New York-based Focused Wealth Mgmt has invested 0.01% in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN). Royal Retail Bank Of Canada invested in 0% or 191,336 shares. Essex Finance Svcs stated it has 0.04% in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN). Fiera Capital Corp reported 0% in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN). Lucas Cap Mgmt holds 0.28% of its portfolio in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) for 22,435 shares. Bancshares Of America De owns 115,042 shares for 0% of their portfolio.