Invesco High Income Trust II (NYSE:VLT) Sees Significant Decline in Short Interest

Invesco High Income Trust II (NYSE:VLT) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 10,100 shares, a decline of 27.9% from the February 13th total of 14,000 shares. Based on an average trading volume of 26,300 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Invesco High Income Trust II

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

Invesco High Income Trust II Trading Down 0.3 %

Shares of VLT stock traded down $0.04 during trading hours on Monday, hitting $10.74. 6,979 shares of the company’s stock were exchanged, compared to its average volume of 22,031. Invesco High Income Trust II has a fifty-two week low of $10.09 and a fifty-two week high of $11.63. The firm has a 50 day moving average of $10.95 and a two-hundred day moving average of $11.17.

Invesco High Income Trust II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.0964 per share. This represents a $1.16 annualized dividend and a dividend yield of 10.78%. The ex-dividend date of this dividend is Monday, March 17th.

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.