Invesco High Income Trust II (NYSE:VLT) Short Interest Update

Invesco High Income Trust II (NYSE:VLT) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 4,700 shares, a growth of 62.1% from the March 31st total of 2,900 shares. Based on an average daily volume of 17,800 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Park Avenue Securities LLC lifted its holdings in shares of Invesco High Income Trust II by 4.0% during the 1st quarter. Park Avenue Securities LLC now owns 67,370 shares of the financial services provider’s stock valued at $723,000 after acquiring an additional 2,595 shares in the last quarter. Shaker Financial Services LLC lifted its position in Invesco High Income Trust II by 40.8% during the 4th quarter. Shaker Financial Services LLC now owns 136,396 shares of the financial services provider’s stock worth $1,417,000 after acquiring an additional 39,554 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its holdings in Invesco High Income Trust II by 395.5% in the 4th quarter. Wolverine Asset Management LLC now owns 25,202 shares of the financial services provider’s stock worth $262,000 after acquiring an additional 20,116 shares during the period. 21.63% of the stock is owned by hedge funds and other institutional investors.

Invesco High Income Trust II Stock Performance

NYSE VLT traded up $0.11 during trading hours on Friday, hitting $10.42. 14,863 shares of the company’s stock were exchanged, compared to its average volume of 17,992. The business’s 50 day moving average is $10.55 and its 200-day moving average is $10.28. Invesco High Income Trust II has a 12-month low of $9.29 and a 12-month high of $10.86.

Invesco High Income Trust II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be issued a $0.0964 dividend. The ex-dividend date of this dividend is Monday, April 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 11.10%.

About Invesco High Income Trust II

Invesco High Income Trust II 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.