Short Interest in Invesco High Income Trust II (NYSE:VLT) Grows By 31.7%

Invesco High Income Trust II (NYSE:VLT) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 13,300 shares, an increase of 31.7% from the February 28th total of 10,100 shares. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 0.5 days.

Invesco High Income Trust II Price Performance

NYSE VLT traded down $0.02 during trading on Monday, reaching $10.60. The company’s stock had a trading volume of 52,637 shares, compared to its average volume of 23,326. The firm has a fifty day moving average of $10.88 and a 200 day moving average of $11.13. Invesco High Income Trust II has a one year low of $10.09 and a one year high of $11.63.

Invesco High Income Trust II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.0964 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.16 dividend on an annualized basis and a yield of 10.91%.

Hedge Funds Weigh In On Invesco High Income Trust II

A hedge fund recently raised its stake in Invesco High Income Trust II stock. Park Avenue Securities LLC boosted its position in Invesco High Income Trust II (NYSE:VLT) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,871 shares of the financial services provider’s stock after buying an additional 4,160 shares during the quarter. Park Avenue Securities LLC’s holdings in Invesco High Income Trust II were worth $733,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 21.63% of the stock is currently owned by institutional investors and hedge funds.

Invesco High Income Trust II Company Profile

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.