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

Invesco High Income Trust II (NYSE:VLT) was the recipient of a large growth in short interest in 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 trading volume, of 17,800 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Invesco High Income Trust II

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Wolverine Asset Management LLC bought a new position in shares of Invesco High Income Trust II during the third quarter valued at approximately $51,000. Park Avenue Securities LLC lifted its position in shares of Invesco High Income Trust II by 4.0% during the first quarter. Park Avenue Securities LLC now owns 67,370 shares of the financial services provider’s stock worth $723,000 after purchasing an additional 2,595 shares during the last quarter. Finally, Shaker Financial Services LLC boosted its stake in shares of Invesco High Income Trust II by 40.8% during the fourth quarter. Shaker Financial Services LLC now owns 136,396 shares of the financial services provider’s stock valued at $1,417,000 after purchasing an additional 39,554 shares during the period. Hedge funds and other institutional investors own 21.63% of the company’s stock.

Invesco High Income Trust II Stock Up 1.0 %

Shares of NYSE:VLT traded up $0.11 during trading on Friday, reaching $10.42. The company’s stock had a trading volume of 14,863 shares, compared to its average volume of 17,992. The firm’s 50 day simple moving average is $10.55 and its two-hundred day simple 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 Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be given a dividend of $0.0964 per share. This represents a $1.16 annualized dividend and a dividend yield of 11.10%. The ex-dividend date of this dividend is Monday, April 15th.

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.