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 large 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 days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Invesco High Income Trust II

An institutional investor recently raised its position in Invesco High Income Trust II stock. Park Avenue Securities LLC increased 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. The firm owned 66,871 shares of the financial services provider’s stock after acquiring 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 SEC filing. Hedge funds and other institutional investors own 21.63% of the company’s stock.

Invesco High Income Trust II Stock Performance

Shares of VLT stock traded down $0.02 on Monday, hitting $10.60. The stock had a trading volume of 52,637 shares, compared to its average volume of 23,326. The business has a 50 day moving average of $10.88 and a 200 day moving average of $11.13. Invesco High Income Trust II has a 12-month low of $10.09 and a 12-month high of $11.63.

Invesco High Income Trust II Announces Dividend

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

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.