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

Invesco High Income Trust II (NYSE:VLT) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 6,300 shares, a drop of 80.5% from the September 30th total of 32,300 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Invesco High Income Trust II stock. Park Avenue Securities LLC increased its position in shares of Invesco High Income Trust II (NYSE:VLT) by 4.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,370 shares of the financial services provider’s stock after acquiring an additional 2,595 shares during the period. Park Avenue Securities LLC owned approximately 1.04% of Invesco High Income Trust II worth $723,000 at the end of the most recent quarter. 21.63% of the stock is currently owned by institutional investors and hedge funds.

Invesco High Income Trust II Price Performance

Shares of VLT traded up $0.05 during trading hours on Friday, reaching $11.38. 10,356 shares of the company’s stock traded hands, compared to its average volume of 22,142. Invesco High Income Trust II has a twelve month low of $9.29 and a twelve month high of $11.63. The business’s fifty day simple moving average is $11.33 and its two-hundred day simple moving average is $10.87.

Invesco High Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th will be issued a dividend of $0.0964 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 10.17%. The ex-dividend date is Wednesday, October 16th.

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.