Short Interest in Invesco Senior Income Trust (NYSE:VVR) Expands By 127.9%

Invesco Senior Income Trust (NYSE:VVRGet Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 659,739 shares, a growth of 127.9% from the June 30th total of 289,489 shares. Based on an average daily volume of 787,854 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Invesco Senior Income Trust

A number of institutional investors and hedge funds have recently made changes to their positions in VVR. Western Wealth Management LLC acquired a new position in Invesco Senior Income Trust in the first quarter valued at $353,000. NewEdge Advisors LLC increased its stake in Invesco Senior Income Trust by 658.7% during the first quarter. NewEdge Advisors LLC now owns 114,977 shares of the investment management company’s stock worth $370,000 after acquiring an additional 99,822 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco Senior Income Trust by 18.6% in the 1st quarter. Royal Bank of Canada now owns 285,590 shares of the investment management company’s stock worth $920,000 after purchasing an additional 44,768 shares during the period. Icon Advisers Inc. Co. purchased a new position in shares of Invesco Senior Income Trust in the 1st quarter worth about $1,671,000. Finally, Illumine Investment Management LLC lifted its stake in shares of Invesco Senior Income Trust by 44.9% in the 1st quarter. Illumine Investment Management LLC now owns 169,395 shares of the investment management company’s stock valued at $545,000 after purchasing an additional 52,469 shares in the last quarter.

Invesco Senior Income Trust Stock Up 0.2%

Invesco Senior Income Trust stock traded up $0.01 during trading hours on Tuesday, hitting $2.96. The stock had a trading volume of 64,290 shares, compared to its average volume of 861,014. The stock’s fifty day moving average is $2.99 and its two-hundred day moving average is $3.11. Invesco Senior Income Trust has a 1-year low of $2.93 and a 1-year high of $3.79.

Invesco Senior Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th will be issued a $0.029 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date is Tuesday, July 14th.

About Invesco Senior Income Trust

(Get Free Report)

Invesco Senior Income Trust (NYSE: VVR) is a closed-end management investment company sponsored by Invesco Capital Management LLC. The fund was launched in 2005 with the objective of providing high current income while seeking to preserve capital. It is structured as a diversified portfolio of senior floating-rate loans and other income-oriented debt securities.

The trust primarily invests in senior secured loans issued by U.S. and non-U.S. companies, which typically rank higher in a borrower’s capital structure and offer floating-rate coupon payments.

Further Reading

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