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

Invesco High Income Trust II (NYSE:VLTGet Free Report) was the target 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 short-interest ratio is currently 0.5 days.

Institutional Investors 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 grew its holdings in Invesco High Income Trust II (NYSE:VLTFree Report) by 6.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,871 shares of the financial services provider’s stock after acquiring 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. Institutional investors own 21.63% of the company’s stock.

Invesco High Income Trust II Price Performance

Shares of NYSE:VLT traded up $0.02 during midday trading on Tuesday, hitting $10.61. 24,192 shares of the stock were exchanged, compared to its average volume of 23,378. Invesco High Income Trust II has a 52-week low of $10.09 and a 52-week high of $11.63. The business’s fifty day simple moving average is $10.88 and its two-hundred day simple moving average is $11.13.

Invesco High Income Trust II Announces Dividend

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

About Invesco High Income Trust II

(Get Free Report)

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.

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