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

Invesco High Income Trust II (NYSE:VLT) was the target of a significant decline in short interest in 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 presently 0.4 days.

Invesco High Income Trust II Stock Performance

Invesco High Income Trust II stock remained flat at $10.77 during mid-day trading on Friday. The company’s stock had a trading volume of 19,513 shares, compared to its average volume of 27,557. The business has a 50 day simple moving average of $10.96 and a 200 day simple moving average of $11.18. Invesco High Income Trust II has a twelve month low of $10.09 and a twelve month high of $11.63.

Invesco High Income Trust II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.0964 dividend. This represents a $1.16 annualized dividend and a yield of 10.74%. The ex-dividend date is Monday, March 17th.

Institutional Investors 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 lifted its holdings in Invesco High Income Trust II (NYSE:VLT) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,871 shares of the financial services provider’s stock after purchasing 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). Institutional investors and hedge funds own 21.63% of the company’s stock.

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.