Short Interest in Invesco Senior Income Trust (NYSE:VVR) Expands By 127.9%

Invesco Senior Income Trust (NYSE:VVR) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 659,739 shares, an increase of 127.9% from the June 30th total of 289,489 shares. Based on an average daily volume of 787,854 shares, the days-to-cover ratio is presently 0.8 days.

Invesco Senior Income Trust Stock Up 0.2%

Shares of Invesco Senior Income Trust stock traded up $0.01 on Tuesday, reaching $2.96. The stock had a trading volume of 64,290 shares, compared to its average volume of 861,014. Invesco Senior Income Trust has a 1 year low of $2.93 and a 1 year high of $3.79. The company has a 50 day moving average price of $2.99 and a 200 day moving average price of $3.11.

Invesco Senior Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 14th will be given a $0.029 dividend. The ex-dividend date is Tuesday, July 14th. This represents a c) dividend on an annualized basis and a yield of 11.7%.

Hedge Funds Weigh In On Invesco Senior Income Trust

A number of large investors have recently bought and sold shares of the business. Absolute Investment Advisers LLC purchased a new stake in shares of Invesco Senior Income Trust during the fourth quarter worth approximately $3,487,000. Balyasny Asset Management L.P. purchased a new stake in shares of Invesco Senior Income Trust during the fourth quarter worth $3,147,000. Pathstone Holdings LLC purchased a new position in Invesco Senior Income Trust in the 3rd quarter worth approximately $2,552,000. Ionic Capital Management LLC purchased a new stake in Invesco Senior Income Trust in the fourth quarter valued at approximately $1,988,000. Finally, Icon Advisers Inc. Co. purchased a new position in shares of Invesco Senior Income Trust during the first quarter worth $1,671,000.

Invesco Senior Income Trust Company Profile

Invesco Senior Income Trust (NYSE: VVR) is a closed-end management investment company sponsored by Invesco Capital Management LLC. The fund was launched in 2005 with the objective of providing high current income while seeking to preserve capital. It is structured as a diversified portfolio of senior floating-rate loans and other income-oriented debt securities.

The trust primarily invests in senior secured loans issued by U.S. and non-U.S. companies, which typically rank higher in a borrower’s capital structure and offer floating-rate coupon payments.